News Releases

Date Title  
Toggle Summary Allied Motion Appoints Robert B. Engel to Board of Directors
AMHERST, N.Y. --(BUSINESS WIRE)--Nov. 4, 2019-- Allied Motion Technologies Inc. (Nasdaq: AMOT), a designer and manufacturer that sells precision and specialty controlled motion products and solutions to the global market, announced today the appointment of Robert B.
Toggle Summary Allied Motion Reports Record Revenue of $96.6 Million and Expanded Margins in Third Quarter 2019
One Allied strategy drives revenue growth of 21% to a record $96.6 million Gross margin expanded 140 basis points to 31.1% Operating income grew 22% to $8.8 million with operating margin of 9.1% Net income was $4.6 million , or $0.49 per diluted share; Excluding atypical foreign tax assessment
Toggle Summary Allied Motion Declares Quarterly Cash Dividend
AMHERST, N.Y. --(BUSINESS WIRE)--Oct. 31, 2019-- 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 its Board of Directors, at its meeting today,
Toggle Summary Allied Motion to Present at Baird’s 2019 Global Industrial Conference
AMHERST, N.Y. --(BUSINESS WIRE)--Oct. 23, 2019-- 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 Richard S.
Toggle Summary Allied Motion Announces Third Quarter 2019 Financial Results Conference Call and Webcast
AMHERST, N.Y. --(BUSINESS WIRE)--Oct. 17, 2019-- 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 third quarter 2019 results
Toggle Summary Allied Motion Expands Margins on 16% Revenue Growth in Second Quarter 2019
Revenue increased 16%, or $12.6 million , to $92.6 million Gross margin expanded 130 basis points to 30.7% Operating income grew 22% to $7.6 million Earnings per diluted share up 4% to $0.47 Another quarter of record orders and record backlog AMHERST, N.Y. --(BUSINESS WIRE)--Aug.
Toggle Summary Allied Motion Declares Quarterly Cash Dividend
AMHERST, N.Y. --(BUSINESS WIRE)--Aug. 1, 2019-- 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 its Board of Directors, at its meeting today,
Toggle Summary Allied Motion Announces Second Quarter 2019 Financial Results Conference Call and Webcast
AMHERST, N.Y. --(BUSINESS WIRE)--Jul. 18, 2019-- 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 2019 results