Altra Industrial Motion (AIMC) Tops Q3 EPS by 41c, Raises FY Guidance
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Altra Reports Third-Quarter 2020 Results
October 23, 2020 7:00 AM EDTQ3 Financial Performance Exceeds Sales and Profitability Expectations
Reduces Debt by $60 Million on Strong Operating Cash Flow
Increases Quarterly Dividend by 50%
Raises 2020 Guidance
BRAINTREE, Mass., Oct. 23, 2020 (GLOBE NEWSWIRE) -- Â Altra Industrial Motion Corp. (Nasdaq: AIMC) (Altra or the Company), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced unaudited financial results for the third-quarter ended September 30, 2020.
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