News Releases

Date Title  
Toggle Summary Allied Motion Announces First Quarter 2023 Financial Results Conference Call and Webcast
AMHERST, N.Y. --(BUSINESS WIRE)--Apr. 20, 2023-- 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 first
Toggle Summary Allied Motion Delivers Record Annual Gross Margin of 31.3% on Revenue of $503.0 Million in 2022
Annual revenue up 25% to a record $503.0 million , driven by strong demand in Industrial and Aerospace & Defense markets and incremental sales from acquisitions; Organic growth was 12.0% for the year on a constant currency basis Fourth quarter revenue grew 35% to $131.1 million , with organic
Toggle Summary Allied Motion Declares Quarterly Cash Dividend
AMHERST, N.Y. --(BUSINESS WIRE)--Mar. 7, 2023-- 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
Toggle Summary Allied Motion Announces Fourth Quarter and Full Year 2022 Financial Results Conference Call and Webcast
AMHERST, N.Y. --(BUSINESS WIRE)--Feb. 22, 2023-- 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 fourth
Toggle Summary Allied Motion Reports Record Operating Income on Revenue of $134.4 Million in Third Quarter 2022
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 material and labor inflation
Toggle Summary Allied Motion Declares Quarterly Cash Dividend
AMHERST, N.Y. --(BUSINESS WIRE)--Nov. 2, 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
Toggle Summary Allied Motion Announces Third Quarter 2022 Financial Results Conference Call and Webcast
AMHERST, N.Y. --(BUSINESS WIRE)--Oct. 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, announced today that it will release its third
Toggle Summary Allied Motion to Present at Sidoti Small-Cap Virtual Conference
AMHERST, N.Y. --(BUSINESS WIRE)--Sep. 15, 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 Dick Warzala , Chairman,
Toggle Summary Allied Motion Expands Revolving Credit Facility
AMHERST, N.Y. --(BUSINESS WIRE)--Aug. 29, 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 effective August 23, 2022 ,
Toggle Summary Allied Motion Appoints Ken May as Corporate Vice President and Chief Technology Officer
AMHERST, N.Y. --(BUSINESS WIRE)--Aug. 15, 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 Ken May has been named Corporate