Allied Motion: Q1 Earnings Snapshot

AMHERST, N.Y. (AP) — AMHERST, N.Y. (AP) — Allied Motion Technologies Inc. (AMOT) on Wednesday reported first-quarter earnings of $6.3 million.

On a per-share basis, the Amherst, New York-based company said it had profit of 39 cents. Earnings, adjusted for amortization costs and non-recurring costs, were 55 cents per share.

The motion control product maker posted revenue of $145.5 million in the period.

Allied Motion shares have climbed 3% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $35.84, a climb of 47% in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on AMOT at

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