News Releases

Date Title  
Toggle Summary Allied Motion Declares Quarterly Cash Dividend
AMHERST, N.Y. --(BUSINESS WIRE)--Aug. 4, 2021-- 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 its Board of Directors, at its
Toggle Summary Allied Motion Reports Strong Revenue Growth and Record Orders and Backlog in Second Quarter 2021
Revenue of $101.5 million , up 17% over the prior-year period, driven by recovery in Vehicle and Industrial markets Gross margin of 30.7% expanded 20 basis points quarter-over-quarter and 110 basis points sequentially on higher volume and improved mix Achieved net income of $4.6 million , or $0.32
Toggle Summary Allied Motion Announces Second Quarter 2021 Financial Results Conference Call and Webcast
AMHERST, N.Y. --(BUSINESS WIRE)--Jul. 22, 2021-- Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Company”), a designer and manufacturer that sells precision and specialty controlled motion products and solutions to the global market, announced that it will release its second quarter 2021 results
Toggle Summary Allied Motion Increases Quarterly Cash Dividend 25%
AMHERST, N.Y. --(BUSINESS WIRE)--May 5, 2021-- 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 its Board of Directors, at its
Toggle Summary Allied Motion Reports Record Revenue, Orders and Backlog in First Quarter 2021
Record revenue of $101.7 million , up 10% over the prior-year period, driven by Medical and Vehicle market demand Record orders of $114.6 million , up 23% over the prior-year period, demonstrated strong execution and improving market conditions Record backlog of $152.3 million , up 8% sequentially
Toggle Summary Allied Motion Announces Board of Director Retirements and Additions
AMHERST, N.Y. --(BUSINESS WIRE)--May 5, 2021-- 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 Board of Director changes, effective with
Toggle Summary Allied Motion Announces First Quarter 2021 Financial Results Conference Call and Webcast
AMHERST, N.Y. --(BUSINESS WIRE)--Apr. 22, 2021-- Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Company”), a designer and manufacturer that sells precision and specialty controlled motion products and solutions to the global market, announced that it will release its first quarter 2021 results
Toggle Summary Allied Motion to Present at Sidoti Spring 2021 Virtual Conference
AMHERST, N.Y. --(BUSINESS WIRE)--Mar. 17, 2021-- Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Allied Motion” or “Company”), a designer and manufacturer that sells precision and specialty controlled motion products and solutions to the global market, announced that Dick Warzala , Chairman,
Toggle Summary Allied Motion Announces Three-for-Two Stock Split and Quarterly Cash Dividend
AMHERST, N.Y. --(BUSINESS WIRE)--Mar. 10, 2021-- Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Allied Motion” or the “Company”), a designer and manufacturer that sells precision and specialty controlled motion products and solutions to the global market, announced that its Board of Directors, at
Toggle Summary Allied Motion Reports Fourth Quarter and Full Year 2020 Results
Fourth quarter revenue of $93.0 million was up 6% on strong Medical and Vehicle market demand Achieved record orders of $108.5 million and record backlog of $141.3 million at year-end Continued strong cash generation despite challenging macro environment: Quarter: Cash flow from operations of $9.8