Allied Motion (AMOT) Tops Q3 EPS by 14c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/3/2026

1. AAPL
2. PLTR
3. DOX
4. VRTX
5. CRWD
6. CHKP
7. ON
8. HNGE
9. INSP
10. AMD

Go back to Allied Motion (AMOT) Tops Q3 EPS by 14c

Allied Motion Reports Third Quarter 2020 Results

November 4, 2020 4:19 PM EST

Strong demand in Medical market drove total quarterly revenue of $94.7 million, up 9% over the sequential second quarter 2020 Operating margin expanded 100 basis points sequentially from operating leverage on higher volume Strong cash generation: Cash from operations of $8.4 million in the quarter and $5.5 million of free cash flow* Strengthening balance sheet: Paid down $4.4 million of debt in the quarter

*Free cash flow is a non-GAAP metric defined as cash flow from operations less capital expenditures of $2.9 million

AMHERST, N.Y.--(BUSINESS... More