Allied Motion Q1 Adj EPS $0.55 Beats $0.46 Estimate, Sales $145.55M Beat $135.32M Estimate

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.