Allied Motion (AMOT) Tops Q4 EPS by 2c
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Allied Motion Reports Fourth Quarter and Full Year 2020 Results
March 10, 2021 4:16 PM ESTFourth quarter revenue of $93.0 million was up 6% on strong Medical and Vehicle market demand Achieved record orders of $108.5 million and record backlog of $141.3 million at year-end Continued strong cash generation despite challenging macro environment: Quarter: Cash flow from operations of $9.8 million and $7.0 million of free cash flow* Full year: Cash flow from operations of $24.8 million and $15.5 million of free cash flow* Paid down $4.6 million of debt in the quarter and nearly $17.0 million during the full year... More
