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

Allient

05/05/2022 13:12

* Allied Motion Technologies Inc  AMOT.OQ  reported
quarterly
adjusted earnings of 16 cents​​ per share for the quarter ended
in March. The mean expectation of two analysts for the quarter
was for earnings of 13 cents per share.
    * Revenue rose 12.9% to $114.79 million from a year ago; 
analysts
expected $110.41 million. 
    * Allied Motion Technologies Inc's reported EPS for the
quarter
was 16 cents​.
    * The mean earnings estimate of analysts had fallen by
about 66.4%
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 16.3%
this
quarter and lost 31.5% so far this year.
    * The company reported quarterly net income of $2.5 million.
    * Wall Street's median 12-month price target for Allied
Motion
Technologies Inc is $46.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 5 at 12:12 p.m.  ​All
figures in US dollars unless otherwise stated