---
title: "Allied Motion: Q1 Earnings Snapshot"
description: "AMHERST, N.Y. (AP) _ Allied Motion Technologies Inc. (AMOT) on Wednesday reported first-quarter net income of $11.9 million. On a per-share basis, the Amherst, New York-based company said it had profi"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/35026735.md"
published_at: "2021-05-05T23:31:24.000Z"
---

# Allied Motion: Q1 Earnings Snapshot

> AMHERST, N.Y. (AP) _ Allied Motion Technologies Inc. (AMOT) on Wednesday reported first-quarter net income of $11.9 million. On a per-share basis, the Amherst, New York-based company said it had profit of 83 cents...

ADVERTISEMENT https://apnews.com/article/earnings-technology-business-78646ecdb46a0b6fcfa08a16668276f6 Click to copy https://apnews.com/article/earnings-technology-business-78646ecdb46a0b6fcfa08a16668276f6 Click to copy Related topics Earnings Technology Business Allied Motion: Q1 Earnings Snapshot AMHERST, N.Y. (AP) \_ Allied Motion Technologies Inc. (AMOT) on Wednesday reported first-quarter net income of $11.9 million. On a per-share basis, the Amherst, New York-based company said it had profit of 83 cents. Earnings, adjusted for pretax gains, came to 32 cents per share. The motion control product maker posted revenue of $101.7 million in the period. Allied Motion shares have increased slightly since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $34.12, a rise of 83% in the last 12 months. \_\_\_\_\_ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMOT at https://www.zacks.com/ap/AMOT

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
