Replies to post #58 on Atlantic International Corp (ATLN)

[Trooperstocks]

Great news from mid-August. Company is going places. Reported revenue of $104.6 million, representing a 17% increase compared to $89.4 million for the same period last year. Very impressive numbers Scout. $ATLN

[ProfitScout]

ATLN does some pretty impressive revenues. They are pulling in over $100 million a quarter this year and are on track to increase to $1 billion in 2025.

From the news:
- Expansion Initiatives: Atlantic International Corp.’s subsidiary Lyneer continues to execute on its strategic growth initiatives, including the expansion into new markets and the launch of innovative product lines. We are targeting combined annual revenue in excess of $1 billion in 2025, including acquisitions.

[ProfitScout]

ATLN 3rd quarter results coming up in November should add to the interest level here. The recent acquisition of Lyneer is making a big contribution.

From the news:
For the third quarter of 2024, Atlantic International Corp. expects revenue to be in the range of $105 - $115 million, reflecting continued momentum in our core customer base and seasonal trends. The company anticipates margins to improve, supported by ongoing efficiency initiatives and strategic investments, as well as reduced integration costs from the completed acquisition of Lyneer.