Altra Industrial Motion (AIMC) Tops Q4 EPS by 7c
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Altra Reports Fourth-Quarter and Full-Year 2016 Results, Provides 2017 Outlook
February 27, 2017 7:01 AM ESTBRAINTREE, Mass., Feb. 27, 2017 (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 fourth quarter and year-ended December 31, 2016.
Financial Highlights
Fourth-quarter 2016 net sales were $172.6 million, compared with $173.6 million in the fourth quarter of 2015. The slight reduction in net sales was driven... More