Click to copy
Click to copy

Allied Motion: 2Q Earnings Snapshot

August 1, 2019

AMHERST, N.Y. (AP) _ Allied Motion Technologies Inc. (AMOT) on Thursday reported second-quarter earnings of $4.4 million.

On a per-share basis, the Amherst, New York-based company said it had profit of 47 cents.

The motion control product maker posted revenue of $92.6 million in the period.

Allied Motion shares have declined 11% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $39.95, a drop of 11% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMOT at https://www.zacks.com/ap/AMOT

All contents © copyright 2019 The Associated Press. All rights reserved.