Applied Industrial Technologies (AIT) Reports In-Line Q4 EPS
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Applied Industrial Technologies Reports Fiscal 2017 Fourth Quarter and Year-End Results
August 11, 2017 6:30 AM EDTFourth Quarter Sales Increase of 7.5%Fourth Quarter EPS of $1.34,Includes One-time Tax Benefit of $0.56 Per ShareProvides Fiscal Year 2018 Outlook Â
CLEVELAND, Aug. 11, 2017 (GLOBE NEWSWIRE) -- Applied Industrial Technologies (NYSE: AIT) today reported results for its fourth quarter and fiscal 2017 year ended June 30, 2017. Net sales for the quarter were $681.5 million, an increase of 7.5% compared with $634.0 million in the same quarter a year ago. The sales increase for the quarter reflects a 0.8% increase from acquisition-related volume and an unfavorable... More
