Applied Industrial Technologies (AIT) Tops Q4 EPS by 12c, Revenues Miss

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Go back to Applied Industrial Technologies (AIT) Tops Q4 EPS by 12c, Revenues Miss

Applied Industrial Technologies Reports Fiscal 2020 Fourth Quarter and Year-End Results

August 12, 2020 6:30 AM EDT

Fiscal Fourth Quarter 2020 Highlights

Net Sales of $725.1 Million Down 17.9% YoY; Down 18.4% on an Organic Basis EPS of $0.77;Non-GAAP Adjusted EPS of $0.80 Operating Cash Flow of $127.1 Million; Free Cash Flow of $123.2 Million

Fiscal Full-Year 2020 Highlights

Net Sales of $3.2 Billion Down 6.5% YoY; Down 9.4% on an Organic Daily Basis EPS of $0.62; Non-GAAP Adjusted EPS of $3.81 Operating Cash Flow of $296.7 Million; Free Cash Flow of $276.6 Million

CLEVELAND--(BUSINESS WIRE)-- Applied Industrial Technologies (NYSE:... More