RBC Bearings (ROLL) Misses Q1 EPS by 1c

RBC Bearings Incorporated Announces Fiscal 2017 First Quarter Results

August 4, 2016 8:00 AM EDT

OXFORD, Conn.--(BUSINESS WIRE)-- RBC Bearings Incorporated (Nasdaq: ROLL), a leading international manufacturer of highly-engineered precision bearings and components for the industrial, defense and aerospace industries, today reported results for the first quarter of fiscal year 2017.

First Quarter Highlights

                ($ in millions) Fiscal 2017 Fiscal 2016 Change GAAP     Adjusted (1) GAAP     Adjusted (1) GAAP     Adjusted (1) Net sales $154.6     $154.6 $142.3     $142.3 8.6%     8.6% Gross margin $57.3 $57.6 $52.8 $55.1 8.5% 4.6% Gross margin % 37.0% 37.3%... More