Atmus Filtration Technologies Inc

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Atmus Filtration Technologies excels in Q2 2023 earnings call

Atmus Filtration Technologies delivered a robust performance in Q2 2023, showcasing sales growth, margin expansion, and strong financial health. Strategic initiatives and a clear growth trajectory position the company for future success.
While facing challenges in maintaining growth momentum and achieving margin targets, Atmus has opportunities to drive further expansion through technology leadership and acquisitions. Proactive management of risks and uncertainties will be crucial.
Investors can be optimistic about Atmus's financial outlook, transparency, and commitment to shareholder value. The company's focus on operational efficiency, strategic growth, and effective capital allocation bodes well for long-term sustainability.

Atmus Filtration Technologies reports solid Q3 performance and growth opportunities

Atmus Filtration Technologies showcased strong financial performance in Q3, focusing on operational efficiency and strategic growth initiatives.
While facing challenges such as sales decrease and margin sustainability concerns, the company's liquidity position and growth strategy present opportunities for future expansion.
Analysts' questions highlighted areas for improvement, emphasizing the need for the company to address challenges and leverage opportunities for sustained growth.

Atmus Filtration Technologies reports robust Q4 earnings and automation focus

Atmus Filtration Technologies Inc delivered strong financial performance in Q4 2023 and full-year 2023, with a focus on growth strategies and automation. Facing challenges in revenue fluctuations and strategic decision-making on automation.
Opportunities lie in the share exchange offer, expansion into industrial filtration markets, and leveraging automation for efficiency. Strategic investments in capacity and automation projects position Atmus for future growth and innovation.

Atmus Filtration Technologies reports strong Q1 performance and growth plans

Atmus Filtration Technologies shows resilience amidst market challenges.
Focused on growth and value creation for shareholders through strategic initiatives.
Balancing market uncertainties with opportunities for expansion and shareholder returns.

Atmus Filtration Technologies reports robust Q2 performance amidst market challenges

Atmus Filtration Technologies showcased strong financial performance and strategic resilience in Q2 2024.
While facing challenges in certain market segments, the company's growth pillars and capital return program signal confidence in future prospects.
By leveraging opportunities in aftermarket growth and market expansion, Atmus Filtration Technologies aims to drive sustainable growth and shareholder value.

Atmus Filtration Technologies reports solid Q3 performance amidst market challenges

Atmus Filtration Technologies showcased resilience and growth in Q3 2024, bolstered by increased sales, strong margins, and strategic financial management.
While facing challenges in specific markets, the company's focus on operational efficiency and growth pillars signals a commitment to long-term success.
By leveraging opportunities in aftermarket expansion and industrial filtration markets, Atmus Filtration Technologies aims to drive sustainable growth and value creation for stakeholders.

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Atmus Filtration Technologies, Inc. engages in the design, manufacture, and sale of filters, coolant, and chemical products. It offers products for first fit and aftermarket applications including air filters, fuel filters, fuel water separators, lube filters, hydraulic filters, coolants, and fuel additives. The company was founded in 1958 and is headquartered in Nashville, TN.

Cummins

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) (“Cummins”) announced that it will commence an exchange offer to fully split off its remaining interest in Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”). In May 2023, Atmus completed its initial public offering where 19.5%, or 16,243,070 shares, of Atmus' common stock was sold, with Cummins retaining the remaining 80.5% of Atmus' common stock. Through the planned exchange offer, Cummins shareholders will have the optio.

Cummins Launches Exchange Offer for Separation of Atmus Filtration Technologies Inc.

NASHVILLE, Tenn.--(BUSINESS WIRE)--Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in filtration and media solutions, today reported financial results for its fourth quarter and full year that ended December 31, 2023. Fourth Quarter and Full Year Highlights Net sales of $400 million for the fourth quarter and $1,628 million full year GAAP net income of $35 million for the fourth quarter and $171 million full year Diluted earnings per share of $0.42 for the fourth quarter.

Atmus Filtration Technologies Reports Fourth Quarter and Full Year 2023 Results

Atmus Filtration's (ATMU) fourth-quarter performance is expected to have gained from solid demand in first-fit markets. Growing popularity of its Fleetguard brand is likely to have aided results.

Is a Beat in Store for Atmus Filtration (ATMU) in Q4 Earnings?

NASHVILLE, Tenn.--(BUSINESS WIRE)--Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in the filtration industry, announced today that it will report financial results for the fourth quarter and full year 2023 before market open on Wednesday, February 14, 2024. The company will also hold a conference call on the same day at 10:00 AM CT to discuss its financial results with the investment community. A live webcast and replay of the conference call can be accessed from the At.

Atmus Filtration Technologies to Announce Fourth Quarter and Full Year 2023 Results on February 14, 2024

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Atmus Filtration (ATMU) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Atmus Filtration (ATMU) Is a Great Choice for 'Trend' Investors, Here's Why

PUNE, India--(BUSINESS WIRE)--Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in filtration and media solutions, has announced the inauguration of its state-of-the-art Global Capability Center in Pune, India. The opening of the Global Capability Center marks a major milestone for the company in its continued focus to design and manufacture high-performing filtration systems. Building on the over 65 years of experience and continued innovation from Atmus, the Global Capab.

Atmus Filtration Technologies inaugurates its World-Class Global Capability Center in India

Atmus Filtration Technologies Inc. (ATMU) Q3 2023 Earnings Call Transcript

NASHVILLE, Tenn.--(BUSINESS WIRE)--Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in filtration and media solutions, today reported financial results for its third quarter that ended September 30, 2023. Third Quarter Highlights Net sales of $396 million GAAP net income of $38 million Diluted earnings per share of $0.45 Adjusted earnings per share of $0.52 Adjusted EBITDA of $73 million and adjusted EBITDA margin of 18.3 percent Cash provided by operating activities was.

Atmus Filtration Technologies Reports Third Quarter 2023 Results

NASHVILLE, Tenn.--(BUSINESS WIRE)--Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in the filtration industry, announced today that it will report financial results for the third quarter before market open on Friday, November 3, 2023. The company will also hold a conference call on the same day at 10:00 AM CT to discuss its financial results with the investment community. A live webcast and replay of the conference call can be accessed from the Atmus investor relations w.

Atmus Filtration Technologies to Announce Third Quarter 2023 Results November 3, 2023

Atmus Filtration Technologies, the former filtration business of Cummins, has reported positive second quarter earnings results. The company generates over $1.5 billion in sales and targets a $13 billion addressable market in the filtration industry. Concerns remain about potential headwinds in the second half of the year and the long-term business outlook, making investors cautious.

Atmus Filtration: First Reading Post IPO Looks Positive

NASHVILLE, Tenn.--(BUSINESS WIRE)--Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in filtration and media solutions, today reported financial results for its second quarter that ended June 30, 2023. Second Quarter Highlights Net sales of $414 million GAAP net income of $46 million Diluted earnings per share of $0.55 Adjusted earnings per share of $0.63 Adjusted EBITDA of $80 million and adjusted EBITDA margin of 19.3 percent Cash provided by operating activities was $46.

Atmus Filtration Technologies Reports Second Quarter 2023 Results

NASHVILLE, Tenn.--(BUSINESS WIRE)--Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in the filtration industry, announced today that it will report financial results for the second quarter before market open on Wednesday, August 9, 2023. The company will also hold a conference call on the same day at 10:00 AM CT to discuss its financial results with the investment community. A live webcast and replay of the conference call can be accessed from the Atmus investor relations.

Atmus Filtration Technologies to Announce Second Quarter 2023 Results August 9, 2023

Atmus is an innovative leader in filtration technology with over 1,300 patents and a strong aftermarket sales mix of 84%. The company is strategically positioned for expansion into near-adjacent markets like mining and oil & gas. Atmus has a solid financial footing with a low debt-to-equity ratio and consistent free cash flows.

Atmus Filtration Technologies: New IPO Is A Buy With Room For Growth

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The IPO Market Picks Up. These Companies Are Set To Go Public.

NASHVILLE, Tenn.--(BUSINESS WIRE)--Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in the filtration industry, today announced the closing of its initial public offering (“IPO”) of 16,243,070 shares of its common stock at a price to the public of $19.50 per share, including the underwriters' full exercise of their option to purchase 2,118,661 additional shares. Shares of Atmus' common stock began trading on the New York Stock Exchange under the symbol “ATMU” on May 26, 2.

Atmus Filtration Technologies Announces Closing of Initial Public Offering

Atmus Filtration Technologies Inc. is the filtration operation from Cummins that was spun out from that business. While valuations are non-demanding, I fear a potential addition to corporate cost overhang and long-term promise of the business.

Atmus Filtration Technologies: Filtering This Offering

Atmus Filtration Technologies Inc.'s stock ATMU, +13.59% soared 14% Friday in their trading debut, after the Cummins Inc. CMI, +0.68% spinoff priced its initial public offering in the middle of its price range. The company sold 14.1 million shares priced at $19.50 each to raise $275 million.

Atmus Filtration's stock soars 14% in trading debut

Diesel engine maker Cummins Inc's filtration solutions division, Atmus Filtration Technologies , has fetched a valuation of $1.8 billion after its shares rose 11% in their market debut on Friday.

Cummins' filtration unit valued at $1.8 billion in strong market debut

NASHVILLE, Tenn.--(BUSINESS WIRE)--Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in the filtration industry, will begin trading on the New York Stock Exchange today under the ticker symbol “ATMU” in connection with its initial public offering. Members of the Atmus leadership team, including the company's Chief Executive Officer, Steph Disher, will celebrate this milestone by ringing the NYSE's Opening Bell this morning. "Today marks an important moment in the 65-year h.

Atmus Filtration Technologies to Begin Trading on New York Stock Exchange

Atmus Filtration Technologies Inc. ATMU, priced 14.1 million shares at $19.50 a share to raise $275.4 million in its initial public offering on Friday, the company said. The IPO is a spinoff from Cummins Inc. CMI, +0.20% in a relatively quiet year for equity offerings from major underwriters.

Cummins spin-off Atmus Filtration IPO prices at $19.50 a share

There will be a rare sighting on Friday as Cummins brings its engine filtration unit to market in a $275 million initial public offering.

Cummins braving debt ceiling jitters with $275M engine filter unit IPO

NASHVILLE, Tenn.--(BUSINESS WIRE)--Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced the pricing of its initial public offering (IPO) of 14,124,409 shares of its common stock owned by Cummins at a price to the public of $19.50 per share. The shares are expected to begin trading on the New York Stock Exchange (NYSE) on May 26, 2023 under the ticker symbol “ATMU.” Atmus is not selling any shares and will not receive any.

Atmus Filtration Technologies Announces Pricing of Initial Public Offering

Diesel engine maker Cummins Inc priced the initial public offering (IPO) of its engine filtration division to raise about $275 million, the company said on Thursday, defying volatile markets which are being shaken by uncertainty over a deal on the U.S. debt ceiling.

Cummins braving debt ceiling jitters with $275 million engine filter unit IPO

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Two small deals priced this past week, neither of which were eligible for inclusion in our IPO stats, while one issuer delayed to the week ahead. The week's news was driven by Cummins spin-off Atmus Filtration, which launched its $275 million IPO, and restaurant chain CAVA Group, which filed to raise $100 million.

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