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01.05.25 - 12:36
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Applied Industrial Technologies Reports Fiscal 2025 Third Quarter Results; Announces Bolt-on Automation Acquisition & New Repurchase Authorization (Business Wire)
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Net Sales of $1.2 Billion Up 1.8% YoY; Down 3.1% on an Organic Daily Basis
Net Income of $99.8 Million, or $2.57 Per Share Up 3.7% YoY
EBITDA of $144.9 Million Up 6.8% YoY
Operating Cash Flow of $122.5 Million; Free Cash Flow of $114.9 Million Up 50% YoY
Updating Fiscal 2025 Guidance
Announcing Agreement to Acquire IRIS Factory Automation
Announcing New 1.5 Million Share Repurchase Authorization
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 2025 third quarter ended March 31, 2025.
Net sales for the quarter of $1.2 billion increased 1.8% over the prior year. The change includes a 6.6% increase from acquisitions, partially offset by a negative 0.8% selling day impact and a negative 0.9% impact from foreign currency translation. Excluding these factors, sales decreased 3.1...
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11.04.25 - 17:24
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Applied Industrial Technologies to Report Fiscal Third Quarter Earnings and Conduct Conference Call on May 1, 2025 (Business Wire)
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CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it will release its fiscal 2025 third quarter results on Thursday, May 1, 2025, before the market opens. The Company's fiscal 2025 third quarter ended March 31, 2025.
The Company will host a conference call at 10 a.m. ET that day to discuss the quarter's results and outlook. A live audio webcast and supplemental presentation can be accessed on our Investor Relations site at https://ir.applied.com. To join by telephone, dial 800-715-9871 (toll free) or 646-307-1963 using conference ID 7270709.
Replays of the call will be available via webcast, as well as by telephone for one week by dialing 800-770-2030 (toll free) using conference ID 7270709.
About Applied®
Applied Industrial Technologies is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and compreh...
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