Applied Industrial Technologies (AIT) Tops Q4 EPS by 36c

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Go back to Applied Industrial Technologies (AIT) Tops Q4 EPS by 36c

Applied Industrial Technologies Reports Fiscal 2022 Fourth Quarter and Full-Year Results

August 11, 2022 6:30 AM EDT

Fourth Quarter Net Sales of $1.1 Billion Up 18.5% YoY; Up 18.7% on an Organic Basis Fourth Quarter Net Income of $79.1 Million; EPS of $2.02 Up 34.4% YoY Fourth Quarter EBITDA of $120.0 Million Up 26.5% YoY Full-Year Net Sales of $3.8 Billion Up 17.8% YoY; Up 16.6% on an Organic Basis Full-Year Net Income of $257.4 Million; EPS of $6.58 Up 38.8% YoY from Prior-Year Adjusted EPS Full-Year EBITDA of $409.6 Million Up 29.0% YoY from Prior-Year Adjusted EBITDA New 1.5 Million Share Repurchase Program Announced

CLEVELANDCLEVELAND--(BUSINESS WIRE)-- Applied Industrial Technologies (NYSE:... More