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Allied Motion Reports Earnings Increase of 16% For the Quarter Ended June 30, 2015

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AMHERST, N.Y.--(BUSINESS WIRE)--Allied Motion Technologies Inc. (NASDAQ:AMOT) today announced net income increased 16% to $3,125,000 or $0.34 per diluted share for the quarter ended June 30, 2015 compared to $2,693,000 or $0.29 per diluted share for the quarter ended June 30, 2014. Revenues for the quarter declined 3% to $60,479,000 compared to $62,069,000 last year. The strength of the U.S. dollar against foreign currencies continued to have an impact on the reported results of the second quar

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