Allison Transmission Holdings, Inc. Stock News

Allison Transmission Holdings, Inc. (NYSE:ALSN ) Q3 2024 Earnings Conference Call October 29, 2024 5:00 PM ET Company Participants Jacalyn Bolles - Executive Director, Treasury and Investor Relations David Graziosi - Chairman and Chief Executive Officer Frederick Bohley - Senior Vice President, Chief Financial Officer and Treasurer Conference Call Participants Ian Zaffino - Oppenheimer & Co. In...

Record quarterly net sales of $824 million, up 12% year over year Net Income of $200 million, up 27% year over year Diluted EPS of $2.27, a quarterly record, up 29% year over year Increasing full year 2024 revenue, earnings and cash flow guidance  INDIANAPOLIS , Oct. 29, 2024 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), today reported third quarter net sales of $824 million,...

The southern state of Tamil Nadu upgrades fleets with hundreds of new buses equipped with Allison fully automatic transmissions. INDIANAPOLIS , Oct. 28, 2024 /PRNewswire/ -- Allison Transmission and Ashok Leyland, the Indian flagship of the Hinduja Group and one of the country's leading commercial vehicle manufacturers, have collaborated to introduce the first low-floor city buses equipped with...

The 22% price increase since August outperformed the S&P 500, indicating strong momentum, despite my earlier concerns about valuation. The financial statements show strong positive cash flows, improved debt management, and solid liquidity over the past couple of years, fully backing up the stock's strong momentum. Peer comparisons reveal the company isn't overvalued, despite high historical val...

200,000 square-foot expansion expected to be completed in 2025, operational in 2026 and ramping to full manufacturing capacity in 2027 INDIANAPOLIS , Oct. 24, 2024 /PRNewswire/ -- Allison Transmission is pleased to announce the expansion of its state-of-the-art manufacturing facility in Chennai, India, to support increasing global demand for Allison fully automatic transmissions. The multi-year...

INDIANAPOLIS , Oct. 23, 2024 /PRNewswire/ -- Allison Transmission has made significant strides in the global Defense market, achieving key program wins that will significantly expand Allison's installed base and revenue in the wheeled defense vehicle segment. Allison is experiencing continued growth in this vehicle segment as a result of strategic partnerships with vehicle manufacturers to supp...

Allison Transmission's venture capital arm invests in pioneer software and services company specializing in AI-enabled automation software for agriculture and land maintenance. INDIANAPOLIS , Oct. 22, 2024 /PRNewswire/ -- Allison Ventures, Allison Transmission's venture capital arm, has made a strategic investment in Agtonomy, a software and services company specializing in advanced autonomous ...

Collaboration will achieve EPA27 Phase 3 Emissions Standards compliance. INDIANAPOLIS , Oct. 21, 2024 /PRNewswire/ -- Allison Transmission is pleased to announce an uprate to its proven B400 and B3400 xFE fully automatic transmissions, including retarder models.