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

* Allied Motion Technologies Inc  AMOT.OQ  reported quarterly
adjusted earnings of 33 cents​​ per share for the quarter ended
in June. The mean expectation of three analysts for the quarter
was for earnings of 26 cents per share.
* Revenue rose 17.2% to $101.54 million from a year ago; 
analysts expected $100.23 million. 
* Allied Motion Technologies Inc's reported EPS for the quarter
was 32 cents​.
* The mean earnings estimate of analysts had fallen by
about 1.7% 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 9.3% this
quarter and lost 8.1% so far this year.
* The company reported quarterly net income of $4.63 million.
* Wall Street's median 12-month price target for Allied Motion
Technologies Inc is $42.00 
* 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 August 5 at 07:25 a.m.  ​All
figures in US dollars unless otherwise stated

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