Altra Industrial Motion (AIMC) Tops Q1 EPS by 3c
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Altra Reports First-Quarter 2016 Results
April 29, 2016 7:05 AM EDTBRAINTREE, Mass., April 29, 2016 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a global manufacturer and marketer of electromechanical power transmission and motion control products, today announced unaudited financial results for the first quarter ended March 31, 2016.
Financial Highlights
First-quarter 2016 net sales were $180.5 million, compared with $193.4 million in the first quarter of 2015, a decrease of 6.7%. The decrease in... MoreAltra Industrial Motion Corp. Announces Second Quarter 2016 Dividend
April 28, 2016 1:36 PM EDTBRAINTREE, Mass., April 28, 2016 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global supplier of electromechanical power transmission and motion control products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.15 per share for the second quarter of 2016. This is the seventeenth consecutive dividend in the Companys history. The... More
