Altra Industrial Motion (AIMC) Tops Q2 EPS by 4c

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Altra Reports Second-Quarter 2016 Results

July 21, 2016 7:05 AM EDT

Achieves Improvement in Gross Margin YOY Despite Sales Decline. Maintains Guidance for Full-Year 2016.

BRAINTREE, Mass., July 21, 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 second quarter ended June 30, 2016.

Financial Highlights

Second-quarter 2016 net... More