Altra Industrial Motion Corp. Announces Acquisition By Regal Rexnord Corporation
OCTOBER 27, 2022
The Company ended the quarter with total gross debt of $1.06 billion and net debt* of approximately $860 million. Net Income for the third quarter of 2022 was $33.6 million, or 7.2% of revenues. Non-GAAP adjusted EBITDA* was $92.1 million, or 19.8% of revenues.
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