Allied Motion (AMOT) Tops Q2 EPS by 11c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/27/2026

1. ORCL
2. AVGO
3. CDNS
4. ANT
5. META
6. BA
7. SPY
8. INTC
9. JBLU
10. HOOD

Go back to Allied Motion (AMOT) Tops Q2 EPS by 11c

Allied Motion Reports Record Gross Margin of 32.4% on Revenue of $122.7 Million in Second Quarter 2022

August 3, 2022 4:17 PM EDT

Revenue grew 21% to a record $122.7 million, with organic growth of 10% Gross margin expanded to a record 32.4%, up 170 basis points year-over-year and 320 basis points over the sequential 2022 first quarter, despite ongoing supply chain disruptions as well as material and labor inflation Achieved net income of $4.6 million or $0.29 per diluted share; Adjusted net income per share was $0.36, up 9% Continued strong demand yields orders of $139.2 million, with a book-to-bill ratio of 1.1x Record backlog of $323.9 million, up 12% sequentially on solid demand and incremental backlog from recent... More