secwatch.observer — SEC 8-K summary
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Issuer:     ALAMO GROUP INC (ALG)
CIK:        0000897077
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0000897077-22-000120
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alamo Group Q3 2022 net sales $368.8M (+9% YoY), EPS $2.16 (+47% YoY), both records
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- Net sales $368.8M, up 9.0% YoY; net income $25.8M ($2.16 diluted EPS), up 46.9%.
- Vegetation Mgmt sales $228.5M (+8.9%), op income $27.1M (+26.9%); Industrial Equip sales $140.3M (+9.2%), op income flat at $8.7M.
- Backlog $908.9M, up 40.9% YoY; TTM EBITDA $179.0M, up 10.4% from FY2021.
- Management expects Q4 solid sales growth and improved YoY earnings despite supply chain and labor headwinds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/897077/000089707722000120/0000897077-22-000120-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/897077/000089707722000120/alg-20221103.htm
  HTML page:      https://secwatch.observer/filing/0000897077-22-000120

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer