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

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