Brief: Allied Motion Reports Q1 Adjusted Earnings Per Share $0.44 Excluding Items

Allient

06/05/2020 22:34

May 6 (Reuters) - Allied Motion Technologies Inc  AMOT.O :
    * ALLIED MOTION REPORTS FIRST QUARTER 2020 RESULTS
    * Q1 ADJUSTED EARNINGS PER SHARE $0.44 EXCLUDING ITEMS
    * Q1 EARNINGS PER SHARE $0.42
    * Q1 REVENUE $92.4 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$86.7
MILLION
    * Q1 EARNINGS PER SHARE ESTIMATE $0.23 -- REFINITIV IBES
DATA
    * TOTAL DEBT AS OF MARCH 31, 2020 INCREASED BY $26.5 MILLION
TO
$136.2 MILLION FROM END OF 2019
    * WILL CONTROL CAPITAL EXPENDITURES IN 2020 TO A RANGE OF
$10
MILLION TO $12 MILLION

Source text for Eikon:  ID:nBw4zlQxta 
Further company coverage:  AMOT.O 

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