RBC Bearings (ROLL) Tops Q4 EPS by 10c, Offers Q1 Guidance
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RBC Bearings Incorporated Announces Fiscal 2022 Fourth Quarter Results
May 26, 2022 8:00 AM EDTOXFORD, Conn.--(BUSINESS WIRE)-- RBC Bearings Incorporated (Nasdaq: ROLL, ROLLP), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the fourth quarter of fiscal year 2022.
Key Highlights
Fourth quarter net sales of $358.9 million increased 123.9% over last year; organic net sales up 10.4%. Fourth quarter gross margin of $137.5 million, 38.3%; adjusted gross margin of $144.3 million, 40.2% compared to 39.1% for the same period last year. Fourth quarter EBITDA of 25.6%; adjusted EBITDA of 29.1% vs last year... More