Altra Industrial Motion (AIMC) Tops Q1 EPS by 8c, Offer F Guidance

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Altra Reports First-Quarter 2018 Results

April 27, 2018 7:00 AM EDT

BRAINTREE, Mass., April 27, 2018 (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, 2018.

Financial Highlights

First-quarter 2018 net sales were $240.4 million, up 11.6% from $215.4 million in the first quarter of 2017. Excluding the positive impact of foreign... More