Alamo Group: Q2 Earnings Snapshot

August 3, 2022 GMT

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.


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