Allied Motion: 2Q Earnings Snapshot
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.