Allied Motion (AMOT) Declares $0.03 Quarterly Dividend; 0.4% Yield

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Allied Motion (AMOT) Tops Q4 EPS by 8c

March 11, 2020 4:18 PM EDT

Allied Motion (NASDAQ: AMOT) reported Q4 EPS of $0.37, $0.08 better than the analyst estimate of $0.29. Revenue for the quarter came in at $87.9 million versus the consensus estimate of $87.32 million.

For earnings history and earnings-related data on Allied Motion (AMOT) click here.

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Invacare Corp. (IVC) Announces Sale of its Dynamic Controls Business to Allied Motion Technologies (AMOT)

March 9, 2020 7:30 AM EDT

Invacare Corporation (Invacare)(NYSE: IVC), today announced that the company has completed the sale of its Dynamic Controls subsidiary to Allied Motion Technologies, Inc. (Allied Motion)(Nasdaq: AMOT), of Amherst, New York. As part of the companys strategy to enhance its products, the transaction marks a significant step forward by opening the door to relationships which can provide access to technological innovations to further differentiate the companys powered mobility products. The transaction was completed on March 7, 2020.

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