ALLIED MOTION TECHNOLOGIES overview

Allient Inc. (formerly known as Allied Motion Technologies Inc.) (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, will hold its inaugural investor and analyst day beginning at 11:00 am ET today in New York City. During the presentation, Dick Warzala, Chairman, President and Chief Executive Officer, Mike Leach, Chief Financial Officer, and...

Allient Inc. (formerly known as Allied Motion Technologies Inc.) (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced that effective today its corporate name changed to Allient Inc. and that its shares will commence trading under the new ticker ALNT on the Nasdaq before markets open today. To reflect its new name and ticker, Allient...

Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Allied Motion” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that shareholders approved its corporate name change to Allient Inc. at a special meeting of shareholders held on August 11, 2023. The new name will be effective August 23, 2023, and at the opening of the markets that day, the Company’s...

Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Allied Motion” or the “Company”), a designer and manufacturer of precision and specialty controlled motion products and solutions for the global market, announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on August 31, 2023 to stockholders of record as of the close of business on August 17, 2023. About Allied Motion Technologies Inc. Allied Motion (Nasdaq: AMOT)...

Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Allied Motion” or “Company”), a designer and manufacturer of precision and specialty controlled motion products and solutions for the global market, today reported financial results for its second quarter ended June 30, 2023. Results include the acquisitions completed during the second quarter of 2022. “Driving overall margin improvement continues to be an emphasis within Allied and while we did experience a slight contraction in our...

Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Allied Motion” or “Company”), a designer and manufacturer of precision and specialty controlled motion products and solutions for the global market, announced today that it will release its second quarter 2023 results after the close of financial markets on Wednesday, August 2, 2023. The Company will host a conference call and webcast to review the financial and operating results for the period. A question-and-answer session will follow....

Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Allied Motion” or the “Company”), a designer and manufacturer of precision and specialty controlled motion products and solutions for the global market, announced today that Robert P. Maida, Senior Vice President and Group President, will retire September 30, 2023 after more than 10 years with the Company. Upon his retirement, Mr. Maida will serve in an advisory role to the CEO. Dick Warzala, Chairman and CEO, commented, “For more than a...

Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Allied Motion” or “Company”), a designer and manufacturer of precision and specialty controlled motion products and solutions for the global market, today reported financial results for its first quarter ended March 31, 2023. Results include the acquisitions completed during the second quarter of 2022. “We delivered record sales in the quarter as our global team continued to execute our strategy and drive strong organic growth. This...