AMOT - Earnings announcements

Revenue grew 20% to a record $146.8 million with organic growth of 17% on a constant currency basis for the quarter Gross margin was 31.3% with operating income up 60% to a record $12.0 million, up 210 basis points Net income up 48% to $6.8 million or $0.42 per diluted share Adjusted net income up 23% to $0.58 per share Generated $13.7 million of cash from operations and reduced debt balance $9.4 million during the quarter 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 second quarter end

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 second quarter 2023 results after the close of financial markets on Wednesday, August 2, 2023. The Company will host a conference call and webcast to review the financial and operating results for the period. A question-and-answer session will follow. Second Quarter 2023 Conference Call Date: Thursday, August 3, 2023 Time: 10:00 a.m. Eastern Time Phone: (412) 317-5185 Webcast and accompanying slide presen

Revenue grew 27% to a record $145.5 million, driven by strong demand in Industrial and Aerospace & Defense markets; Organic growth was 25% on a constant currency basis Gross margin expanded 230 basis points to 31.5% on higher volume and accretive acquisitions Operating income grew 167% to $11.4 million with a margin of 7.8%, which was up 410 basis points due to strong operating leverage Net income more than doubled to $6.3 million or $0.39 per diluted share Adjusted net income per share was $0.55, up 53% for the quarter Allied Motion Technologies Inc. (NASDAQ:AMOT) ("Allied Motion" or "Company"), a designer and manufacturer of precision and specialty controlled motion produc

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 quarter 2023 results after the close of financial markets on Wednesday, May 3, 2023. The Company will host a conference call and webcast to review the financial and operating results for the period. A question-and-answer session will follow. First Quarter 2023 Conference Call Date: Thursday, May 4, 2023 Time: 10:00 a.m. Eastern Time Phone: (412) 317-5185 Webcast and accompanying slide presentation: www.alliedmotion.com/investor-relations A tel

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 growth of 18.3% on a constant currency basis Annual gross margin expanded 130 basis points to a record 31.3% on higher volume and accretive acquisitions; Fourth quarter gross margin expanded 240 basis points to 31.1% Achieved annual net income of $17.4 million, or $1.09 per diluted share; Adjusted net income per share was $1.88, up 18% for the year Fourth quarter net income more than doubled to

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 quarter and full year 2022 results after the close of financial markets on Tuesday, March 7, 2023. The Company will host a conference call and webcast to review the financial and operating results for the period. A question-and-answer session will follow. Fourth Quarter and Full Year 2022 Conference Call Date: Wednesday, March 8, 2023 Time: 10:00 a.m. Eastern Time Phone: (201) 689-8263 Webcast and accompanying slide presentation: www.allie

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 Operating income grew 35% to a record $11.7 million with a margin of 8.7%, which was up 30 basis points due to operating leverage Achieved net income of $6.6 million or $0.41 per diluted share Adjusted net income per share was $0.60, up 22% Allied Motion Technologies Inc. (NASDAQ:AMOT) ("Allied Motion" or "Company"), a designer and manufacturer of precision and specialty controlled motion

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 quarter 2022 results after the close of financial markets on Wednesday, November 2, 2022. The Company will host a conference call and webcast to review the financial and operating results for the period. A question-and-answer session will follow. Third Quarter 2022 Conference Call Date: Thursday, November 3, 2022 Time: 10:00 a.m. Eastern Time Phone: (412) 317-6026 Webcast and accompanying slide presentation: www.all

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 net income of $4.6 million or $0.29 per diluted share; Adjusted net income per share was $0.36, up 9% Continued strong demand yields orders of $139.2 million, with a book-to-bill ratio of 1.1x Record backlog of $323.9 million, up 12% sequentially on solid demand and incremental backlog from recent acquisitions Enhanced technology and margin profile with three completed acquisitions in t

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 quarter 2022 results after the close of financial markets on Wednesday, August 3, 2022. The Company will host a conference call and webcast to review the financial and operating results for the period. A question-and-answer session will follow. Second Quarter 2022 Conference Call   Date: Thursday, August 4, 2022   Time: 10:00 a.m. Eastern Time   Phone: (631) 891-4304   Webcast and accompanying slide presentation: www.all

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 Record backlog of $289.3 million, up 16% sequentially on strong demand 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 first quarter ended March 31, 2022. Results include the acquisitions of ORMEC Systems

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 quarter 2022 results after the close of financial markets on Wednesday, May 4, 2022. The Company will host a conference call and webcast to review the financial and operating results for the period. A question-and-answer session will follow. First Quarter 2022 Conference Call Date: Thursday, May 5, 2022 Time: 10:00 a.m. Eastern Time Phone: (201) 689-8263 Webcast and accompanying slide presentation: www.alliedmotion.com/inv

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 mill

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 fourth quarter and full year 2021 results after the close of financial markets on Wednesday, March 9, 2022. The Company will host a conference call and webcast to review the financial and operating results for the period. A question-and-answer session will follow. Fourth Quarter and Full Year 2021 Conference Call Date: Thursday, March 10, 2022 Time: 10:00 a.m. Eastern Time Phone: (201) 689-8263 Webcast and accompanying slide presentation: www.alliedmo

Revenue grew 9% to $103.5 million over the prior-year period, driven by strong recovery in Industrial markets Gross margin expanded 120 basis points to 30.9% year-over-year and 20 basis points sequentially on higher volume, strategic pricing and improved mix Achieved net income of $6.0 million, or $0.41 per diluted share, up 49% Record orders of $119.9 million drove a book-to-bill ratio of 1.2x Record backlog of $185.6 million, up 9% sequentially 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

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 2021 results after the close of financial markets on Wednesday, November 3, 2021. The Company will host a conference call and webcast to review the financial and operating results for the period. A question-and-answer session will follow. Third Quarter 2021 Conference Call Date: Thursday, November 4, 2021 Time: 10:00 a.m. Eastern Time Phone: (201) 689-8263 Webcast and accompanying slide presentation: www.alliedmotion.com/investor-relations A telephonic repl

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 per diluted share, up 60% Record orders of $119.0 million, up 4% sequentially Record backlog of $170.4 million, up 12% sequentially Paid down $7.6 million of debt in the quarter 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 reporte

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 after the close of financial markets on Wednesday, August 4, 2021. The Company will host a conference call and webcast to review the financial and operating results for the period. A question-and-answer session will follow. Second Quarter 2021 Conference Call Date: Thursday, August 5, 2021 Time: 10:00 a.m. Eastern Time Phone: (412) 317-6026 Webcast and accompanying slide presentation: www.alliedmotion.com/investor-relations A