RBC Bearings (ROLL) Tops Q1 EPS by 10c, Revenue Beats

RBC Bearings Incorporated Announces Fiscal 2019 First Quarter Results

August 2, 2018 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 2019.

First Quarter Financial Highlights

($ in millions)       Fiscal 2019     Fiscal 2018     Change GAAP     Adjusted (1) GAAP     Adjusted (1) GAAP     Adjusted (1) Net sales $176.0     $176.0 $163.9     $163.9 7.4%     7.4% Gross margin $67.7 $67.7 $62.0 $62.0 9.2% 9.2% Gross margin % 38.5%... More