Applied Industrial Technologies (AIT) Tops Q2 EPS by 38c; Offers Upbeat Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/20/2026
- 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
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Applied Industrial Technologies Reports Fiscal 2022 Second Quarter Results
January 27, 2022 6:30 AM ESTNet Sales of $876.9 Million Up 16.7% YoY; Up 16.4% on an Organic Daily Basis Net Income of $57.0 Million, or $1.46 Per Share; EBITDA of $92.6 Million Quarterly Dividend Increased to $0.34 Per Share Raising Fiscal 2022 Guidance for Sales, EBITDA Margin, and EPS
Â
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 second quarter ended December 31, 2021.
Net sales for the... More
