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.
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| 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 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
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
SC 13G - ALLIED MOTION TECHNOLOGIES INC (0000046129) (Subject)
8-K - ALLIENT INC (0000046129) (Filer)
10-Q - ALLIENT INC (0000046129) (Filer)
8-K - ALLIENT INC (0000046129) (Filer)
4 - ALLIENT INC (0000046129) (Issuer)
4 - ALLIENT INC (0000046129) (Issuer)
4 - ALLIENT INC (0000046129) (Issuer)
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 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