Applied Industrial Technologies (AIT) Tops Q2 EPS by 24c, Revenues Beat

Go back to Applied Industrial Technologies (AIT) Tops Q2 EPS by 24c, Revenues Beat

Applied Industrial Technologies Reports Fiscal 2021 Second Quarter Results

January 28, 2021 6:30 AM EST

Net Sales of $751.3 Million Down 9.9% YoY; Down 10.5% on an Organic Basis Net Loss of $5.3 Million, or $0.14 Per Share Adjusted Net Income of $38.4 Million, or $0.98 Per Share; Adjusted EBITDA of $68.3 Million Operating Cash Flow of $77.5 Million; Free Cash Flow of $72.7 Million Quarterly Dividend Increased to $0.33 Per Share

CLEVELAND--(BUSINESS WIRE)-- Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies, today reported results for its... More