Albany International Earnings Advance 374% In Q4

(RTTNews) - Albany International (AIN) revealed a profit for its fourth quarter that increased from last year.

The company said its bottom line climbed to $37.58 million, or $1.17 per share. This was higher than $7.92 million, or $0.25 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 7.4% to $177.47 million. This was down from $191.66 million last year.

Albany International earnings at a glance:

-Earnings (Q4): $37.58 Mln. vs. $7.92 Mln. last year. -Earnings Growth (Y-o-Y): 374.5% -EPS (Q4): $1.17 vs. $0.25 last year. -EPS Growth (Y-o-Y): 368.0% -Revenue (Q4): $177.47 Mln vs. $191.66 Mln last year. -Revenue Change (Y-o-Y): -7.4%