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Albany International Corp. Investors: Company Investigated by the Portnoy Law Firm
Albany InternationalAlbany International(US:AIN) GlobeNewswire News Roomยท2025-08-05 21:52

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].