AMOT News and Press, Allied Motion Technologies Inc. From 11/08/22

Summary Preformed Line Products Company has a history of stability and improving fundamentals. Backlog has been on a particularly positive trend in recent years, rising nicely to reflect growing demand. Shares are priced at attractive levels and debt is low, making this a comp...

The following slide deck was published by Allied Motion Technologies Inc. in conjunction with their 2022 Q3 earnings call. For further details see: Allied Motion Technologies Inc. 2022 Q3 - Results - Earnings Call Presentation

Allied Motion Technologies press release ( NASDAQ: AMOT ): Q3 Non-GAAP EPS of $0.60 beats by $0.23 . Revenue of $134.4M (+29.9% Y/Y) beats by $5.74M . Cash and cash equivalents were $19.7 million compared with $22.5 million at year-end 2021. Higher levels of ...

Revenue grew 30% to a record $134.4 million, with organic growth of 15% on a constant currency basis Gross margin expanded 130 basis points to 32.2% year-over-year as higher volume, recent acquisitions and pricing more than offset ongoing supply chain disruptions and materia...

Summary The company has reported earnings since I last reviewed the name. Although sales growth is impressive, earnings have actually fallen. Additionally, debt has exploded higher. In spite of this, the shares remain either "expensive" or "not cheap", depending upon how you measu...

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 third quarter 20...

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 that Dick Warzala, Chairman, President and ...

Allied Motion Technologies ( NASDAQ: AMOT ) said Monday it amended its credit agreement to increase the size of its existing revolving credit facility to $280M from $225M. The amendment includes a higher maximum leverage ratio of 4x through Q3 2023, after which it wil...

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 effective August 23, 2022, the C...

2022 year-to-date performance was -25.4% in select accounts. Some of our worst performers continued to be our largest positions. This quarter, similar to the period early in the COVID pandemic, I scoured the portfolio for companies that might have challenges funding their growth p...