Welcome to our dedicated page for Atmus Filtration Technologies news (Ticker: ATMU), a resource for investors and traders seeking the latest updates and insights on Atmus Filtration Technologies stock.
Atmus Filtration Technologies Inc manufactures filtration systems for commercial vehicles, construction equipment, and industrial machinery worldwide. The company supplies air, fuel, lube, and hydraulic filters to original equipment manufacturers and the aftermarket replacement channel. News coverage for Atmus typically centers on quarterly financial results, dividend announcements, product launches, and strategic acquisitions within the filtration industry.
Investors tracking Atmus benefit from monitoring earnings reports that detail performance across OEM and aftermarket segments, as these channels respond differently to market conditions. OEM sales correlate with new equipment production volumes, while aftermarket revenue reflects the installed base requiring replacement filters. Material events such as new platform design wins, manufacturing expansions, or industry partnerships often signal changes in competitive positioning.
The filtration industry experiences news cycles tied to emissions regulation changes, automotive production forecasts, and construction equipment demand trends. Atmus-specific developments include new filter media technology introductions, geographic expansion announcements, and operational updates affecting manufacturing capacity. Quarterly results provide insight into segment mix, margin trends, and how commercial vehicle market conditions impact financial performance.
This news feed aggregates regulatory filings, press releases, and material disclosures relevant to Atmus shareholders. Coverage includes dividend declarations, executive transactions, and strategic announcements that affect business operations. Bookmark this page for consolidated access to Atmus Filtration Technologies news without navigating multiple sources.
Atmus Filtration Technologies (NYSE: ATMU) reported strong Q3 2024 results with net sales of $404 million, up 1.9% from Q3 2023. The company achieved GAAP net income of $44 million and diluted EPS of $0.52. Adjusted EBITDA reached $79 million with a 19.6% margin. Operating cash flow was $71 million, with adjusted free cash flow of $65 million. The company raised its 2024 guidance, projecting revenue between $1,650-1,675 million and adjusted EPS of $2.35-2.50. During Q3, Atmus repurchased $10 million in common stock and paid a $0.05 per share quarterly dividend.
Atmus Filtration Technologies Inc. (NYSE: ATMU), a global leader in filtration, has announced two important updates. First, the company's Board of Directors has declared a quarterly cash dividend of $0.05 per common share. This dividend will be payable on November 13, 2024, to shareholders of record at the close of business on October 31, 2024.
Second, Atmus has scheduled its third quarter 2024 financial results release. The company will report its results before the market opens on Friday, November 8, 2024. Following this, Atmus will hold a conference call at 10:00 AM CT on the same day to discuss these results with the investment community. Investors can access a live webcast and replay of the conference call through the Atmus investor relations website at http://investors.atmus.com.
Atmus Filtration Technologies Inc. (NYSE: ATMU) reported strong financial results for Q2 2024. Net sales increased 4.6% to $433 million, driven by higher volumes and pricing. GAAP net income was $56 million, with diluted EPS of $0.67. Adjusted EPS reached $0.71, while Adjusted EBITDA grew to $93 million with a margin of 21.4%.
The company updated its 2024 guidance, projecting revenue between $1,625-$1,675 million and adjusted EPS of $2.15-$2.40. Atmus also announced its first quarterly dividend of $0.05 per share and a $150 million share repurchase program, demonstrating commitment to shareholder value.
Atmus Filtration Technologies (NYSE: ATMU), a global leader in the filtration industry, has announced it will release its second quarter 2024 financial results on Friday, August 2, 2024, before the market opens. The company will also host a conference call at 10:00 AM CT on the same day to discuss these results with investors. Interested parties can access a live webcast and replay of the conference call through the Atmus investor relations website at http://investors.atmus.com.
Atmus Filtration Technologies Inc. (NYSE: ATMU) has announced its first quarterly cash dividend and a share repurchase program. The company will pay a $0.05 per common share dividend on August 14, 2024, to shareholders of record as of August 1, 2024. Additionally, the Board of Directors has authorized a $150 million share repurchase program, effective immediately.
CEO Steph Disher stated that this capital return program demonstrates Atmus's commitment to enhancing shareholder value. The company's strong cash generation allows it to invest in growth initiatives while returning capital to shareholders. The repurchase program has no expiration date and can be suspended or discontinued at any time.
Atmus Filtration Technologies Inc. reported financial results for Q1 2024, with net sales of $427 million, GAAP net income of $46 million, diluted EPS of $0.54, and adjusted EPS of $0.60. The company reaffirmed its guidance for 2024 with revenue expected to be between $1,610 million to $1,675 million, adjusted EBITDA margin of 18.25% to 19.25%, and adjusted EPS in the range of $2.10 to $2.35. Cummins Inc. completed the divestiture of its ownership in Atmus in March 2024. Despite a slight increase in net sales, the company experienced higher manufacturing costs, lower volumes, and higher cash usage in operating activities compared to the previous year.
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