Allied Motion Technologies Stock News

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The growing importance of energy efficiency, adoption of industrial automation and optimum utilization of resources should drive the Zacks Instruments - Control industry. Watts Water (WTS), Badger Met

The growing importance of energy efficiency, adoption of industrial automation and optimum utilization of resources should drive the Zacks Instruments - Control industry. Watts Water (WTS), Badger Met

Allied Motion Technologies, Inc. (NASDAQ:AMOT ) Q1 2022 Results Earnings Conference Call May 5, 2022 10:00 AM ET Company Participants Craig Mychajluk - Kei Advisors Richard Warzala - Chairman, CEO & P

Allied Motion (AMOT) delivered earnings and revenue surprises of 166.67% and 3.41%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

AMHERST, N.Y.--(BUSINESS WIRE)--Allied Motion Technologies Inc. (Nasdaq: AMOT) Announces First Quarter 2022 Financial Results Conference Call and Webcast

Allied Motion Technologies, Inc. (AMOT) CEO Richard Warzala on Q4 2021 Results - Earnings Call Transcript

Allied Motion (AMOT) delivered earnings and revenue surprises of -33.33% and 2.72%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Allied Motion Technologies press release (AMOT): Q4 Non-GAAP EPS of $0.20 misses by $0.04.Revenue of $96.79M (+4.1% Y/Y) beats by $0.54M.

Allied Motion Technologies (AMOT) declares $0.025/share quarterly dividend, in line with previous.

Revenue grew 10% to $403.5 million in 2021, driven by broad-based recovery in target markets and new solutions offerings; Fourth quarter revenue was $96.8 million, up 4% from the prior year quarter Gross margin expanded 40 basis points to 30.0% in the year on higher volume, improved mix and strategic pricing; Fourth quarter gross margin was 28.7%, up 80 basis points despite ongoing supply chain disruptions as well as material and labor inflation Annual net income increased 77% to $24.1 million, or $1.66 per diluted share; Excluding net tax benefits and business development costs, adjusted net income was $1.26 per diluted share, up 26% for the year Fourth quarter orders of $114.9 million drove a book-to-bill ratio of 1.2x Record backlog of $249.9 million, up 35% sequentially on demand and incremental backlog from recent acquisitions Generated $25.4 million of cash from operations in 2021 Completed three acquisitions in the fourth quarter that further enhance technology and capabilities 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 reported financial results for its fourth quarter and year ended December 31, 2021.