Applied Industrial Technologies (AIT) Tops Q4 EPS by 41c, Offers FY22 Guidance

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Applied Industrial Technologies Reports Fiscal 2021 Fourth Quarter and Full-Year Results

August 17, 2021 6:30 AM EDT

Fourth Quarter Net Sales of $895.9 Million Up 23.6% YoY; Up 19.8% on an Organic Basis Fourth Quarter Net Income of $59.2 Million, or $1.51 Per Share; EBITDA of $94.8 Million Full-Year Net Sales of $3.2 Billion Down 0.3% YoY; Down 1.8% on an Organic Daily Basis Full-Year Net Income of $144.8 Million, or $3.68 Per Share Full-Year Adjusted Net Income of $186.4 Million, or $4.74 Per Share Full-Year Operating Cash Flow of $241.7 Million; Free Cash Flow of $225.8 Million 

CLEVELAND--(BUSINESS WIRE)-- Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and... More