Allison Transmission Q1 revenue up 15% to $677M, EPS $1.30 (up 21%), reaffirms FY guidance

Allison Transmission Holdings Inc

2022-Q1 EPS reported $1.30 revenue$677,000,000

Net sales $677M (+15% YoY); diluted EPS $1.30 (+21%); net income $129M.
Record quarterly revenue in Outside NA On-Highway end market (+30% YoY).
Affirms full-year 2022 guidance; Q1 adjusted EBITDA $244M.
Board approved $1B increase to share repurchase authorization; dividend raised to $0.21/share.
Share repurchases of $81M in Q1 (~2% of outstanding shares).

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