Altra Industrial Motion (AIMC) Tops Q3 EPS by 2c
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Altra Reports Third-Quarter 2017 Results
October 20, 2017 7:00 AM EDTAchieves 24% Overall Sales Growth  Strategic Initiatives and FX Tailwind Drive Strong Bottom Line Improvement Company Raises Full-Year Guidance
BRAINTREE, Mass, Oct. 20, 2017 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Altra or the Company)Â (Nasdaq: AIMC), a global manufacturer and marketer of electromechanical power transmission and motion control products, today announced unaudited financial results for the third quarter ended September 30, 2017.
Financial Highlights
Third-quarter 2017 net sales were $214.6 million, up 24% from $173.1 million in the third quarter of 2016. Excluding the impact of the Stromag acquisition, third-quarter net... More