Revenue grew 21% to a record $122.7 million , with organic growth of 10% Gross margin expanded to a record 32.4%, up 170 basis points year-over-year and 320 basis points over the sequential 2022 first quarter, despite ongoing supply chain disruptions as well as material and labor inflation Achieved
AMHERST, N.Y. --(BUSINESS WIRE)--Aug. 3, 2022-- 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 approved a
AMHERST, N.Y. --(BUSINESS WIRE)--Jul. 20, 2022-- 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
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 AMHERST, N.Y.
FPH brings composite and electrification technologies to create integrated custom critical solutions characterized by being compact, lightweight and energy efficient AMHERST, N.Y. --(BUSINESS WIRE)--May 31, 2022-- Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Allied Motion” or the “Company”), a
AMHERST, N.Y. --(BUSINESS WIRE)--May 24, 2022-- 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 it has completed the
Combination enables deeper reach into medical, A&D, semiconductor and robotics AMHERST, N.Y. --(BUSINESS WIRE)--May 9, 2022-- Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Allied Motion” or the “Company”), a designer and manufacturer of precision and specialty controlled motion products and
Revenue grew 13% to $114.8 million , with organic growth of 5.3% Gross margin was 29.2%, up 50 basis points over the sequential 2021 fourth quarter, despite ongoing supply chain disruptions as well as material and labor inflation Record orders of $155.3 million drove a book-to-bill ratio of 1.4x
AMHERST, N.Y. --(BUSINESS WIRE)--May 4, 2022-- 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 approved a
AMHERST, N.Y. --(BUSINESS WIRE)--Apr. 20, 2022-- 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 first
