Applied Industrial Technologies (AIT) Tops Q3 EPS by 34c

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Go back to Applied Industrial Technologies (AIT) Tops Q3 EPS by 34c

Applied Industrial Technologies Reports Fiscal 2021 Third Quarter Results

April 29, 2021 6:30 AM EDT

Net Sales of $840.9 Million Up 1.2% YoY; Up 0.4% on an Organic Daily Basis Net Income of $56.1 Million, or $1.42 Per Share Adjusted Net Income of $54.1 Million, or $1.37 Per Share; Adjusted EBITDA of $86.8 Million Operating Cash Flow of $44.1 Million; Free Cash Flow of $40.3 Million

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 fiscal 2021 third quarter ended March 31,... More