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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...
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 Ken May has been named Corporate Vice ...
Transport issues report surprisingly strong quarters with raised guidance. Manufacturing New Orders for Motor Vehicles/Parts has ticked to all-time highs. The Trucking Tonnage Index ((TTI)) is in an uptrend. Vehicles and parts remain in high demand. Signs are present that professi...
Allied Motion Technologies Inc. (AMOT) Q2 2022 Earnings Conference Call August 4, 2022 10:00 ET Company Participants Craig Mychajluk - Investor Relations Dick Warzala - Chairman, President and Chief Executive Officer Mike Leach - Chief Financial Officer Con...
The following slide deck was published by Allied Motion Technologies Inc. in conjunction with their 2022 Q2 earnings call. For further details see: Allied Motion Technologies Inc. 2022 Q2 - Results - Earnings Call Presentation
Allied Motion Technologies press release ( NASDAQ: AMOT ): Q2 Non-GAAP EPS of $0.36. Revenue of $122.7M. For further details see: Allied Motion Technologies Non-GAAP EPS of $0.36, revenue of $122.7M
In spite of a significant drop in price, the shares remain relatively expensive in my view. This in spite of relatively poor financial results. While sales have continued to grow, net income is significantly lower. Shareholders are compensated with income, not sales. In spite of t...
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, today announced that it will release its second qua...
Allied Motion Technologies (NASDAQ:AMOT) has acquired Somersworth, New Hampshire-based electromagnetic components provider, Airex. Financial terms of the deal were not disclosed. Established in 1950, Airex is a third generation-owned company that provides electromagnetic components and soluti...
Airex brings a 70 year proven history in advancing electromagnetic solutions, including linear and rotary motor technology Further enhances Allied’s product offering in key end markets such as Defense, Life Sciences, Semiconductor and other Industrial end markets ...
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Allied Motion Technologies Inc. Company Name:
AMOT Stock Symbol:
NASDAQ Market:
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. ...
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...