RBC Bearings (ROLL) Q4 Revenue Tops Views

RBC Bearings Incorporated Announces Fiscal 2018 Third Quarter Results

February 6, 2018 8:00 AM EST

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 third quarter of fiscal year 2018.

Third Quarter Highlights

      ($ in millions) Fiscal 2018 Fiscal 2017 Change GAAP   Adjusted (1) GAAP   Adjusted (1) GAAP   Adjusted (1) Net sales $166.9   $166.9 $146.7   $146.7 13.8%   13.8% Gross margin $64.7 $64.7 $52.4 $55.6 23.4% 16.3% Gross margin % 38.8% 38.8% 35.7% 37.9% Operating income $33.1 $34.2 $20.5 $27.6 61.3% 24.0% Operating income % 19.9% 20.5% 14.0% 18.8% Net income $23.8 $25.7 $12.8 $17.4... More