Allied Motion (AMOT) Reports Q3 EPS of $0.46
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Allied Motion Reports Earnings Increase of 4% for the Quarter Ended September 30, 2015
November 4, 2015 6:14 PM ESTAMHERST, N.Y.--(BUSINESS WIRE)-- Allied Motion Technologies Inc. (NASDAQ: AMOT) today announced net income increased 4% to $4,278,000 or $0.46 per diluted share for the quarter ended September 30, 2015 compared to $4,115,000 or $0.45 per diluted share for the quarter ended September 30, 2014. Revenues for the quarter declined 6% to $61,534,000 compared to $65,280,000 last year. The strength of the U.S. dollar against foreign currencies continued to have an impact on the reported results of the third quarter as well as for the year.
The strength of the U.S. dollar continues to require a more detailed... More
