Motion control manufacturer Allied Motion Technologies Inc. (NASDAQ: AMOT), Amherst, NY, reported sales for the third quarter of $61.5 million, a decrease of 5.7 percent compared to the same period a year ago. Profit increased 4 percent to $4.3 million.
For the first nine months, sales were $181.6 million, a decrease of 3.3 percent compared to the same period a year ago. Profit increased 15.9 percent to $10.4 million.