Allied Motion (AMOT) Declares $0.03 Quarterly Dividend; 0.3% Yield

Go back to Allied Motion (AMOT) Declares $0.03 Quarterly Dividend; 0.3% Yield

Allied Motion (AMOT) Misses Q4 EPS by 12c, Revenues Miss

March 13, 2019 4:27 PM EDT

Allied Motion (NASDAQ: AMOT) reported Q4 EPS of $0.28, $0.12 worse than the analyst estimate of $0.40. Revenue for the quarter came in at $74 million versus the consensus estimate of $76.29 million.

The success of our One Allied approach to drive organic sales was evident during the year as we achieved double-digit organic growth. This, combined with the successful execution of our acquisition... More