Albany International reports Q2 adjusted EPS 90c, consensus 92c

Reports Q2 revenue $274M, consensus $261.5M. “We are reporting another strong quarter of operational results,” said Albany International President and Chief Executive Officer, Bill Higgins. “Our revenue of $274 million was up $13 million or approximately 5% year-over-year with growth across both business segments. I’m particularly pleased that revenue growth and operational execution in our businesses allows us to increase our guidance for 2023.”