AMHERST, N.Y. (AP) _ Allied Motion Technologies Inc. (AMOT) on Thursday reported third-quarter profit of $4.6 million.
The Amherst, New York-based company said it had net income of 49 cents per share. Earnings, adjusted for pretax expenses, were 57 cents per share.
The motion control product maker posted revenue of $96.6 million in the period.
Allied Motion shares have fallen 15% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $37.86, a fall of 13% in the last 12 months.