Allied Motion Technologies Inc., together with its subsidiaries, designs, manufactures, and sells precision and specialty controlled motion components and systems that are used in a range of industries worldwide. The company offers brush and brushless DC motors, brushless servo and torque motors, coreless DC motors, integrated brushless motor-drives, gearmotors, gearing, modular digital servo drives, motion controllers. It also provides electric steering actuators, steering motors, electrohydraulic pump motor, steering wheel sensor, traction wheel drives, power differentiating transaxles, incremental and absolute optical encoders, active and passive filters for power quality and harmonic issues, and other controlled motion-related products. The company sells its products to end customers and original equipment manufacturers in vehicle, medical, aerospace and defense, and industrial markets through direct sales force, as well as authorized manufacturers' representatives, agents, and distributors. Allied Motion Technologies Inc. was incorporated in 1962 and is headquartered in Amherst, New York.
IPO Year:
Exchange: NASDAQ
Website: alliedmotion.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/12/2023 | $45.00 | Market Perform → Outperform | Northland Capital |
| 3/6/2023 | $45.00 | Outperform → Market Perform | Northland Capital |
Northland Capital upgraded Allied Motion from Market Perform to Outperform and set a new price target of $45.00
Northland Capital downgraded Allied Motion from Outperform to Market Perform and set a new price target of $45.00
Colliers Securities resumed coverage of Allied Motion Technologies with a rating of Buy
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 Vice President and Chief Technology Officer (CTO). In this role as Allied's first CTO, he will be responsible for overseeing the global technology and engineering teams including electronics, electromagnetic and mechanical capabilities to ensure the delivery of more complete and advanced system technology to meet the emerging needs of target markets and customers. This press release features multimedia. View the full release here: https://www.bus
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4 - ALLIENT INC (0000046129) (Issuer)
4 - ALLIENT INC (0000046129) (Issuer)
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SC 13G - ALLIED MOTION TECHNOLOGIES INC (0000046129) (Subject)
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 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 quarterly cash dividend payment of $0.03 per share, up 20% from the previous rate of $0.025 per share. The dividend will be payable on June 1, 2023 to stockholders of record as of the close of business on May 18, 2023. Dick Warzala, Chairman and CEO, commented, "This dividend increase reflects our confidence in our strategy, strong financial position and positive long-term view of the markets we serve." About Allied Motion Technologies Inc.
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 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 quarterly cash dividend payment of $0.025 per share. The dividend will be payable on April 5, 2023 to stockholders of record as of the close of business on March 22, 2023. About Allied Motion Technologies Inc. Allied Motion (NASDAQ:AMOT) designs, manufactures and sells precision-controlled motion products and solutions used in a broad range of applications within the Vehicle, Medical, Aerospace & Defense, Electronic, and Industrial Markets. He
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 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 quarterly cash dividend payment of $0.025 per share. The dividend will be payable on December 1, 2022 to stockholders of record as of the close of business on November 17, 2022. About Allied Motion Technologies Inc. Allied Motion (NASDAQ:AMOT) designs, manufactures and sells precision controlled motion products and solutions used in a broad range of applications within the Vehicle, Medical, Aerospace & Defense, Electronic, and Industrial Marke
New name symbolizes the evolution of the business and success of its strategy to transform from a products-based business in motion control to a solutions-oriented company that addresses its customers' requirements for Motion, Controls and Power technology for a multitude of applications. New name and ticker to become effective on August 23, 2023 Announces webcast of Company's investor and analyst day concurrent with new name on Wednesday August 23 Allied Motion Technologies Inc. (NASDAQ:AMOT) ("Allied Motion" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications,
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
MINNEAPOLIS, MN / ACCESSWIRE / July 26, 2023 / We are pleased to be hosting the Northland Capital Markets Institutional Investor Conference 2023 on Tuesday September 19, 2023, at the Minneapolis Marriott City Center, Downtown Minneapolis. We have over 90 companies to participating. The format will be 10 one-on-one meetings (or small group) scheduled in 35 minute increments.Registration Link: Northland Institutional Investor Conference 2023We have a growing list with over 90 participating companies, listed below & in the registration link.Please request meetings in the Companies tab after completing your registration profile.We look forward to seeing you in September!NameTickerNameTickerNameT
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
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 Robert P. Maida, Senior Vice President and Group President, will retire September 30, 2023 after more than 10 years with the Company. Upon his retirement, Mr. Maida will serve in an advisory role to the CEO. Dick Warzala, Chairman and CEO, commented, "For more than a decade, Rob has been a great partner to me and has played an instrumental role in helping shape and build Allied into the global, controlled motion solution provider we are today. Rob has held various key le
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 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 quarterly cash dividend payment of $0.03 per share, up 20% from the previous rate of $0.025 per share. The dividend will be payable on June 1, 2023 to stockholders of record as of the close of business on May 18, 2023. Dick Warzala, Chairman and CEO, commented, "This dividend increase reflects our confidence in our strategy, strong financial position and positive long-term view of the markets we serve." About Allied Motion Technologies Inc.
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 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 quarterly cash dividend payment of $0.025 per share. The dividend will be payable on April 5, 2023 to stockholders of record as of the close of business on March 22, 2023. About Allied Motion Technologies Inc. Allied Motion (NASDAQ:AMOT) designs, manufactures and sells precision-controlled motion products and solutions used in a broad range of applications within the Vehicle, Medical, Aerospace & Defense, Electronic, and Industrial Markets. He
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8-K - ALLIENT INC (0000046129) (Filer)
8-K - ALLIED MOTION TECHNOLOGIES INC (0000046129) (Filer)
10-Q - ALLIED MOTION TECHNOLOGIES INC (0000046129) (Filer)
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8-K - ALLIED MOTION TECHNOLOGIES INC (0000046129) (Filer)
10-Q - ALLIED MOTION TECHNOLOGIES INC (0000046129) (Filer)
Allied Motion Technologies announced that effective today its corporate name changed to Allient Inc. and that its shares will commence trading under the new ticker ALNT on the Nasdaq before markets open today.
New name symbolizes the evolution of the business and success of its strategy to transform from a products-based business in motion control to a solutions-oriented company that addresses its customers' requirements for Motion, Controls and Power technology for a multitude of applications. New name and ticker to become effective on August 23, 2023 Announces webcast of Company's investor and analyst day concurrent with new name on Wednesday August 23 Allied Motion Technologies Inc. (NASDAQ:AMOT) ("Allied Motion" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, annou
Gainers Upwork (NASDAQ:UPWK) stock moved upwards by 42.7% to $14.22 during Thursday's regular session. Trading volume for Upwork's stock is 16.2 million as of 13:30 EST. This is 721.0% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $1.8 billion. As per the press release, Q2 earnings came out yesterday. Hudson Technologies (NASDAQ:HDSN) shares moved upwards by 24.97% to $10.79. Trading volume for this security as of 13:30 EST is 1.8 million, which is 361.6% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $488.8 million. The company's, Q2 earnings came out yesterday. Nikola (
Allied Motion (NASDAQ:AMOT) reported quarterly earnings of $0.58 per share which beat the analyst consensus estimate of $0.56 by 3.57 percent. This is a 61.11 percent increase over earnings of $0.36 per share from the same period last year. The company reported quarterly sales of $146.77 million which beat the analyst consensus estimate of $145.83 million by 0.64 percent. This is a 19.59 percent increase over sales of $122.72 million the same period last year.
Companies Reporting Before The Bell • Vanguard Extended Duration Treasury ETF (NYSE:EDV) is estimated to report quarterly earnings at $0.37 per share on revenue of $784.53 million. • Wallbox (NYSE:WBX) is likely to report earnings for its second quarter. • Seagen (NASDAQ:SGEN) is projected to report quarterly loss at $0.78 per share on revenue of $555.68 million. • Ardelyx (NASDAQ:ARDX) is likely to report quarterly loss at $0.12 per share on revenue of $15.88 million. • Blueprint Medicines (NASDAQ:BPMC) is expected to report quarterly loss at $2.58 per share on revenue of $45.00 million. • Colliers Intl Gr (NASDAQ:CIGI) is estimated to report quarterly earnings at $1.44 per share on r
Allied Motion (NASDAQ:AMOT) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:40 PM. Here's what investors need to know about the announcement. Earnings Allied Motion beat estimated earnings by 19.57%, reporting an EPS of $0.55 versus an estimate of $0.46. Revenue was up $30.76 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.07 which was followed by a 4.75% drop in the share price the next day. Here's a look at Allied Motion's past performance: Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022 EPS Estimate 0.50 0.37 0.24 0.13 EPS Actual 0.43 0.60 0.36 0.24 Revenue Estimate 126.17M 128.66M 117.39M 110.41M Revenue
Allied Motion (NASDAQ:AMOT) reported quarterly earnings of $0.55 per share which beat the analyst consensus estimate of $0.46 by 19.57 percent. This is a 129.17 percent increase over earnings of $0.24 per share from the same period last year. The company reported quarterly sales of $145.55 million which beat the analyst consensus estimate of $135.32 million by 7.56 percent. This is a 26.80 percent increase over sales of $114.78 million the same period last year.
Allied Motion (NASDAQ:AMOT) is set to give its latest quarterly earnings report on Wednesday, 2023-05-03. Here's what investors need to know before the announcement. Analysts estimate that Allied Motion will report an earnings per share (EPS) of $0.46. Allied Motion bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Historical Earnings Performance Last quarter the company missed EPS by $0.07, which was followed by a 4.75% drop in t