Core Viewpoint - Albany International Corp. is under investigation for potential securities fraud and unlawful business practices following disappointing financial results for Q2 2025, which led to a significant drop in stock price [1][3]. Financial Performance - Albany reported non-GAAP earnings per share of $0.57 for Q2 2025, missing consensus estimates by $0.16 [3]. - The company's President and CEO acknowledged that the financial results "lagged our expectations" due to "certain timing and operational issues" [3]. - Following the earnings announcement, Albany's stock price fell by $16.77 per share, or 23.63%, closing at $54.19 on July 31, 2025 [3]. Legal Investigation - Pomerantz LLP is investigating claims on behalf of Albany investors regarding possible securities fraud or other unlawful business practices by the company and its officers/directors [1].

NEW YORK, Aug. 12, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Albany International Corporation (“Albany” or the “Company”) (NYSE: AIN). The investigation concerns whether Albany and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] On July 30, 2025, Albany issued a press release reporting its financial results for the second quarter of 2025. ...

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Albany International Corporation for possible violations of federal securities laws and unlawful business practices following disappointing financial results [2][3]. Financial Performance - Albany reported non-GAAP earnings per share of $0.57 for Q2 2025, missing consensus estimates by $0.16 [3]. - The company's stock price fell by $16.77 per share, or 23.63%, closing at $54.19 on July 31, 2025, after the earnings announcement [3]. Legal Investigation - The law firm is encouraging investors who suffered losses in Albany to contact them to discuss their legal rights and options [1][4]. - The investigation aims to determine if Albany has engaged in unlawful business practices that may have affected shareholders [2]. Contact Information - Investors can reach out to Bragar Eagel & Squire, P.C. via phone at (212) 355-4648 or email at investigations@bespc.com for inquiries regarding their rights or the ongoing investigation [4][7].

Core Viewpoint - Albany International Corp. is under investigation for potential securities fraud and unlawful business practices following disappointing financial results for Q2 2025, which led to a significant drop in stock price [1][3]. Financial Performance - Albany reported non-GAAP earnings per share of $0.57 for Q2 2025, missing consensus estimates by $0.16 [3]. - The company's stock price fell by $16.77, or 23.63%, closing at $54.19 per share on July 31, 2025, following the earnings announcement [3]. Legal Investigation - Pomerantz LLP is investigating claims on behalf of Albany investors regarding possible securities fraud or other unlawful business practices by the company and its officers/directors [1].

Core Insights - Albany International Corp. is under investigation for possible securities fraud following a significant earnings miss in Q2 2025, which has led to a substantial decline in its stock price [1][3]. Financial Performance - Albany reported non-GAAP earnings per share of $0.57 for Q2 2025, which was $0.16 below consensus estimates [3]. - The company's stock price fell by $16.77, or approximately 23.63%, closing at $54.19 per share on July 31, 2025, after the earnings announcement [3]. Legal Actions - The Portnoy Law Firm has initiated an investigation and may file a class action on behalf of Albany investors who incurred losses [1]. - Investors are encouraged to contact the law firm for a complimentary case evaluation regarding their legal rights and options for recovering losses [2][4].

ATLANTA, July 31, 2025 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Albany International Corp. (“Albany International” or the “Company”) (NYSE: AIN) complied with federal securities laws. On July 31, 2025, Albany International reported operating results for its second quarter 2025, noting its “performance was largely impacted by certain timing and operational issues[.]” Following this news, the price of the Company’s stock dropped.  If you purchased Albany International stock and suffer ...

Financial Data and Key Metrics Changes - Consolidated net sales were $311 million, down 6.2% from $332 million in the same quarter last year [19] - Adjusted EBITDA margin decreased to 16.7% from 19% in the prior year [9] - GAAP net income attributable to the company for the quarter was $9.2 million compared to $24.6 million last year [22] - Adjusted diluted EPS was $0.57 versus $0.89 in the same period last year [23] Business Line Data and Key Metrics Changes - Machine Clothing reported revenues of $181 million, a decrease of 6.5% year-over-year [20] - Engineered Composites segment revenues were $130 million, reflecting a sequential growth of 14% from the first quarter [13] - Machine Clothing gross profit decreased to $84 million from $89 million in the prior year, while gross margin improved by 40 basis points to 46.3% [20] - AEC gross profit decreased to $14 million from $24 million, primarily due to cumulative EAC adjustments [21] Market Data and Key Metrics Changes - North America experienced a slight decline in deliveries due to packaging machine production curtailments [11] - Europe showed solid signs of recovery with good deliveries and orders, offsetting weakening conditions in Asia, particularly in China [11] - The global MC order backlog remains healthy, indicating confidence for a stronger second half of the year [11] Company Strategy and Development Direction - The company is focused on optimizing its global production footprint and has commenced two additional facility closures [7] - Investments in operational excellence are aimed at transforming execution of current programs and driving process improvements [8] - Advanced air mobility is identified as a significant source of growth, with new long-term agreements and investments in capabilities [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in recovery despite second quarter results lagging expectations due to timing and operational issues [5] - The company expects global growth to continue as tariff environments become more predictable [6] - Full year guidance is reaffirmed, projecting stronger performance in the second half driven by ramping programs and operational efficiencies [25] Other Important Information - The company successfully completed its S4HANA upgrade, enhancing systems and operational efficiencies [17] - Will Station has been appointed as the new CFO, bringing extensive experience from McKesson and Boeing [18] Q&A Session Summary Question: Can you talk about overall build rates in aerospace? - Management noted that ramp-up is occurring as Boeing is destocking and material is being brought in, indicating momentum towards prior production levels [28] Question: What factors could affect revenue range in the second half? - Key factors include Machine Clothing synergies and increased commercial programs at AEC, which are expected to drive growth and profitability [29] Question: Can you provide updates on the CH-53K program? - The ramp-up is being approached carefully, with significant investments in team training and production capabilities [33] Question: Can you elaborate on AEC margins and investments in labor? - AEC is performing well, but challenges remain with the CH-53K program, requiring more resources and time for ramp-up [37] Question: What gives confidence to maintain guidance despite challenges? - Confidence stems from improved performance indicators, including reduced quality issues and better operational efficiency [45] Question: What new programs are ramping up in the second half? - Existing and new programs, including the Bell 525 and JASSM, are expected to contribute to growth in the second half [48] Question: Can you provide details on the 3D woven composite parts? - The company is focused on replacing titanium with 3D woven technology, with certification expected in the next 18 months [55]

Albany International (AIN) Q2 2025 Earnings Call July 31, 2025 09:00 AM ET Speaker0Good morning, and welcome to the Albany International Second Quarter twenty twenty five Earnings Call. I am Frans, and I'll be the operator assisting you today. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star one on your telephone keypad.Thank you. I would now li ...

Albany International (AIN) came out with quarterly earnings of $0.57 per share, missing the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.89 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -21.92%. A quarter ago, it was expected that this textile and composite maker would post earnings of $0.58 per share when it actually produced earnings of $0.73, delivering a surprise of +25.86%.Over the last f ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number: 1-10026 ALBANY INTERNATIONAL CORP. (Exact name of registrant as specified in its charter) Delaware (State or other juris ...