Allient (US:ALNT)2025-11-06 15:00Financial Performance Highlights - Revenue reached $138.7 million, showing an increase of 11% year-over-year[5] - Net income increased by 15% quarter-over-quarter and 208% year-over-year, reaching $6.5 million[5] - Gross margin improved to 33.3%, a 10 basis points increase quarter-over-quarter and a 190 basis points increase year-over-year[5] - Operating margin was 8.8%, up 40 basis points quarter-over-quarter and 350 basis points year-over-year[5] - Year-to-date cash from operations increased by 46% year-over-year to $43.1 million[5] Cost Reduction and Efficiency Initiatives - Achieved $10 million in annualized savings in 2024[7] - Aims to reduce annualized costs by another $6 to $7 million in 2025[7] - Recognized $3.5 million in restructuring and related charges year-to-date in 2025[7] Debt and Leverage - Net debt stood at $150.8 million, a reduction of $37.3 million year-to-date[5] - The leverage ratio is 2.10x[32]