Allied Motion Technologies Inc. (NASDAQ: AMOT), Denver, CO, reported sales for the first quarter were $17.4 million, an increase of 14 percent compared to first quarter 2009. Profit was $734,000 compared to a year ago loss of $730,000.
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Bookings for the quarter were $26,229,000 up over 54 percent when compared to the year ago period and up 115 percent when compared to the quarter ended Dec. 31, 2009.
Allied Motion designs, manufactures and sells motion control products into applications that serve many industry sectors.