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

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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