Allied Motion Technologies Inc reports results for the quarter ended in December - Earnings Summary

Allient

10/03/2022 05:03

* Allied Motion Technologies Inc  AMOT.OQ  reported
quarterly
adjusted earnings of 11 cents​​ per share for the quarter ended
in December. The mean expectation of three analysts for the
quarter was for earnings of 24 cents per share.
    * Revenue rose 4.1% to $96.79 million from a year ago; 
analysts
expected $96.42 million. 
    * Allied Motion Technologies Inc's reported EPS for the
quarter
was 11 cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Allied Motion Technologies Inc shares had fallen by 4.0%
this
quarter.
    * The company reported quarterly net income of $1.56
million.
    * Wall Street's median 12-month price target for Allied
Motion
Technologies Inc is $50.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 10 at 05:03 a.m.  ​All
figures in US dollars unless otherwise stated