Allied Motion (AMOT) Tops Q2 EPS by 27c

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Allied Motion Reports Second Quarter 2020 Results

August 5, 2020 5:03 PM EDT

Achieved gross margin of 30.5%, as solid Medical market demand partially offset softness from other markets impacted by COVID-19 Generated $9.6 million in cash from operations resulting in $7.6 million of free cash flow Paid down nearly $8 million of debt in the quarter

AMHERST, N.Y.--(BUSINESS WIRE)-- Allied Motion Technologies Inc. (Nasdaq:... More