Altra Industrial Motion (AIMC) Tops Q3 EPS by 4c; Raises Outlook

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Altra Reports Third-Quarter 2018 Results

October 25, 2018 7:00 AM EDT

Delivers GAAP EPS of $0.42; Non-GAAP EPS was a Record Third Quarter of $0.64

Completes Transformative Combination with Four Businesses from Fortives Automation & Specialty Platform (A&S) Ahead of Plan; Concludes Favorable Round of Financing 

Updates Guidance to Reflect the Addition of A&S and the Transition to Adjusted EPS that Excludes Acquisition Related Amortization and Step-Up Depreciation Going Forward

BRAINTREE, Mass., Oct. 25, 2018 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC) (Altra or the Company), a leading global manufacturer and supplier of electromechanical power transmission and motion... More