Albany International Announces Advance In Q2 Earnings

(RTTNews) - Albany International (AIN) reported a profit for its second quarter that advanced from the same period last year.

The company's bottom line totaled $30.36 million, or $0.94 per share. This compares with $1.12 million, or $0.03 per share, in last year's second quarter.

The company's revenue for the quarter rose 18.9% to $256.23 million from $215.57 million last year.

Albany International earnings at a glance:

-Earnings (Q2): $30.36 Mln. vs. $1.12 Mln. last year. -EPS (Q2): $0.94 vs. $0.03 last year. -Revenue (Q2): $256.23 Mln vs. $215.57 Mln last year.