Applied Industrial Technologies (AIT) Tops Q1 EPS by 10c, Offers FY Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- SanDisk stock rallies on AI optimism and Fed relief
Applied Industrial Technologies Reports Fiscal 2022 First Quarter Results
October 27, 2021 6:30 AM EDTNet Sales of $891.7 Million Up 19.2% YoY; Up 16.3% on an Organic Basis Net Income of $53.0 Million, or $1.36 Per Share; EBITDA of $88.5 Million Operating Cash Flow of $48.6 Million; Free Cash Flow of $45.0 Million Fiscal 2022 Guidance Maintained Including EPS of $5.00 to $5.40
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 2022 first quarter ended September 30, 2021.
Net sales for the... More
