AMOT News and Press, Allied Motion Technologies Inc.

2023-08-14 09:02:29 ET Allied Motion Technologies Inc ( NASDAQ: AMOT ) Monday announced its corporate name change to Allient Inc at a special meeting of shareholders held on August 11, 2023. New name and ticker to become effective on August 23, 2023 Source: Press Release...

New name symbolizes the evolution of the business and success of its strategy to transform from a products-based business in motion control to a solutions-oriented company that addresses its customers’ requirements for Motion, Controls and Power technology for a multitude of applications. ...

2023-08-05 09:00:09 ET Allied Motion Technologies Inc. (AMOT) Q2 2023 Earnings Conference Call August 03, 2023, 10:00 AM ET Company Participants Craig Mychajluk - Investor Relations Richard Warzala - Chairman, President & Chief Executive Officer Mike Leach - ...

2023-08-02 17:02:49 ET Allied Motion Technologies press release ( NASDAQ: AMOT ): Q2 Non-GAAP EPS of $0.58 beats by $0.02 . Revenue of $146.8M (+19.6% Y/Y) beats by $0.89M . Generated $13.7 million of cash from operations and reduced debt balance $9.4 million d...

Revenue grew 20% to a record $146.8 million with organic growth of 17% on a constant currency basis for the quarter Gross margin was 31.3% with operating income up 60% to a record $12.0 million, up 210 basis points Net income up 48% to $6.8 million or $0.42 per diluted share ...

MINNEAPOLIS, MN / ACCESSWIRE / July 26, 2023 / We are pleased to be hosting the Northland Capital Markets Institutional Investor Conference 2023 on Tuesday September 19, 2023, at the Minneapolis Marriott City Center, Downtown Minneapolis. We have over 90 companies to participating. The format wi...

Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Allied Motion” or “Company”), a designer and manufacturer of precision and specialty controlled motion products and solutions for the global market, announced today that it will release its second quarter 2023 results ...

2023-07-14 04:11:04 ET Summary Allied Motion Technologies Inc. offers a good entry point for exposure to the industrial sector, despite trading above sector valuation metrics, due to its fast growth and diversified revenue streams. The company's backlog sits at $308 million, a 7% ...

Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Allied Motion” or the “Company”), a designer and manufacturer of precision and specialty controlled motion products and solutions for the global market, announced today that Robert P. Maida, Senior Vice President and G...

2023-05-14 05:54:55 ET Summary Preformed Line Products Company has had a great run in recent months, with shares driven higher by robust financial improvements. This trend looks set to continue for the foreseeable future, though the stock isn't as cheap as it was. In all, thou...