AMHERST, N.Y. (AP) _ Allied Motion Technologies Inc. (AMOT) on Wednesday reported fourth-quarter earnings of $1.6 million.
The Amherst, New York-based company said it had profit of 11 cents per share. Earnings, adjusted for non-recurring costs, came to 20 cents per share.
The motion control product maker posted revenue of $96.8 million in the period.
For the year, the company reported profit of $24.1 million, or $1.66 per share. Revenue was reported as $403.5 million.
Allied Motion shares have declined 4% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $35.02, a climb of 10% in the last 12 months.