August 3, 2022 GMT
Alamo Group: Q2 Earnings Snapshot
SEGUIN, Texas (AP) _ Alamo Group Inc. (ALG) on Wednesday reported second-quarter net income of $28.5 million.
The Seguin, Texas-based company said it had profit of $2.39 per share.
The maker of road maintenance, industrial and farm equipment posted revenue of $396.2 million in the period.
Alamo Group shares have declined 14% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $127, a decline of 13% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALG at https://www.zacks.com/ap/ALG