Allison Transmission Q3 2022: net sales $710M (+25% YoY), EPS $1.45 (+63%), raises FY guidance

Allison Transmission Holdings Inc

2022-Q3 EPS reported $4.02 revenue$2,051,000,000

Net sales $710M, up 25% YoY; diluted EPS $1.45, up 63% from $0.89.
Record quarterly ONA On-Highway net sales of $118M, driven by Europe, Asia, South America.
Adjusted EBITDA $245M; adjusted free cash flow $182M; net cash from ops $207M.
Repurchased $109M of stock (3% of shares) and paid $0.21 dividend per share.
Raised full year 2022 midpoint guidance citing strength across On- and Off-Highway end markets.

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