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Allied Motion: 1Q Earnings Snapshot

AMHERST, N.Y. (AP) _ Allied Motion Technologies Inc. (AMOT) on Wednesday reported first-quarter net income of $4.5 million.

The Amherst, New York-based company said it had profit of 48 cents per share.

The motion control product maker posted revenue of $93.9 million in the period.

Allied Motion shares have fallen 17% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $36.92, a fall of 6% 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