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Allied Motion Reports Record Results For the Quarter Ended September 30, 2014

2014-11-13 05:57:53| Electronics - Topix.net

Allied Motion Technologies Inc. today announced net income increased 394% to $4,115,000 or $0.45 per diluted share for the quarter ended September 30, 2014 compared to $833,000 or $0.09 per diluted share for the quarter ended September 30, 2013. Revenues for the quarter increased 162% to $65,280,000 compared to $24,876,000 last year with sales to U.S. customers up 233% and foreign sales up 81%.

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Category:Electronics and Electrical

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