Applied Industrial Technologies Earnings Reports

Applied Industrial Technologies reported a slight decrease in net sales by 0.4% year-over-year to $1.1 billion for the fiscal 2025 second quarter. However, the company's net income increased to $93.3 million, or $2.39 per share, and EBITDA rose to $135.1 million. The company is raising its fiscal year 2025 guidance to reflect the second quarter performance and the recent Hydradyne acquisition.

Applied Industrial Technologies reported a slight increase in net sales, a decrease in net income, and an increase in free cash flow for the first quarter of fiscal year 2025. The company is increasing its FY25 EPS guidance while maintaining sales and EBITDA margin guidance.

Applied Industrial Technologies reported a slight increase in net sales for the fourth quarter of fiscal year 2024, alongside significant improvements in EBITDA and EPS. The company's performance reflects strong execution and margin momentum despite a muted demand environment.

Applied Industrial Technologies reported a 1.3% increase in net sales to $1.1 billion for Q3 2024. Net income was $97.2 million, or $2.48 per share. The company also announced an agreement to acquire Grupo Kopar to expand its automation platform.

Applied Industrial Technologies reported a 1.6% increase in net sales to $1.1 billion for Q2 2024, but organic sales declined by 0.1%. Net income was $91.2 million, or $2.32 per share. The company is updating its fiscal 2024 guidance to EPS of $9.35 to $9.70 and sales growth of 1% to 3%.

Applied Industrial Technologies reported a 3.1% increase in net sales to $1.1 billion, with a 3.4% increase on an organic daily basis. Net income increased to $93.8 million, or $2.39 per share, and EBITDA was $133.4 million. The company is raising fiscal 2024 guidance.

Applied Industrial Technologies reported a 9.1% increase in net sales for the fourth quarter, reaching $1.2 billion. Net income for the quarter was $92.2 million, or $2.35 per share, and EBITDA was $140.0 million. The company is introducing fiscal 2024 EPS guidance in the range of $8.80 to $9.55 based on sales growth of 0% to 4% and EBITDA margins of 11.9% to 12.1%.

Applied Industrial Technologies reported a strong third quarter with net sales increasing by 15.4% to $1.1 billion. The company's net income was $97.2 million, or $2.47 per share, and adjusted net income was $93.5 million, or $2.38 per share. The company is updating its fiscal year 2023 guidance to reflect this performance.

Applied Industrial Technologies reported a strong second quarter in fiscal year 2023, with net sales increasing by 20.9% to $1.1 billion and EPS of $2.05, up 40.8% year-over-year. The company is raising its fiscal year 2023 guidance for sales, EBITDA margins, and EPS.

Applied Industrial Technologies reported a strong first quarter with net sales up 19.1% to $1.1 billion and EPS up 45% to $1.97. The company is raising its fiscal year 2023 guidance following the strong performance.

Applied Industrial Technologies reported strong Q4 2022 results, with net sales increasing by 18.5% to $1.1 billion. Net income reached $79.1 million, with EPS of $2.02, up 34.4% year-over-year. The company's performance was driven by organic growth, gross margin execution, and solid operating leverage.

Applied Industrial Technologies reported a strong third quarter with record sales and earnings. Net sales increased by 16.6% year-over-year to $980.7 million, and net income was $68.3 million, or $1.75 per share. The company is raising its fiscal year 2022 guidance for sales, EBITDA margins, and EPS.

Applied Industrial Technologies reported strong second-quarter results with significant increases in sales, EBITDA, and EPS compared to the prior year. The company raised its fiscal year 2022 guidance for sales, EBITDA margins, and EPS.

Applied Industrial Technologies reported a strong start to fiscal 2022, with net sales increasing by 19.2% to $891.7 million and net income reaching $53.0 million, or $1.36 per share.

Applied Industrial Technologies reported a strong fourth quarter with net sales increasing by 23.6% to $895.9 million and net income of $59.2 million, or $1.51 per share. Underlying demand strengthened across both segments, reflecting sustained recovery in core end markets and momentum from internal growth initiatives. The company is managing inflation well and controlling costs, while benefiting from productivity enhancements.

Applied Industrial Technologies reported a 1.2% increase in net sales to $840.9 million, with organic daily sales up 0.4%. Net income was $56.1 million, or $1.42 per share, while adjusted net income was $54.1 million, or $1.37 per share. The company highlighted improving end-market demand and a leaner cost structure driving favorable earnings growth.

Applied Industrial Technologies reported a 9.9% decrease in net sales to $751.3 million compared to the prior year. The company experienced a net loss of $5.3 million, or $0.14 per share, which includes a non-cash impairment charge and non-routine costs. Excluding these items, adjusted net income was $38.4 million, or $0.98 per share.

Applied Industrial Technologies reported a decrease in net sales by 12.7% to $747.8 million, and a net income of $34.8 million, or $0.89 per share. The company's free cash flow was $78.2 million.

Applied Industrial Technologies reported a decrease in net sales by 17.9% to $725.1 million for the quarter. EPS was reported at $0.77, and adjusted non-GAAP EPS was $0.80. The company noted challenges due to the COVID-19 pandemic but highlighted strong cash generation and resilience.

Applied Industrial Technologies reported a decrease in net sales by 6.2% to $830.8 million compared to the prior year, with a reported net loss of $82.8 million, or $2.14 per share, which includes a non-cash goodwill impairment charge of $131.0 million. Adjusted net income was $39.6 million, or $1.02 per share. The company withdrew its fiscal 2020 financial guidance amid economic uncertainty.

Applied Industrial Technologies reported net sales of $833.4 million, a decrease of 0.8% year-over-year. Net income was $38.0 million, or $0.97 per share. The company updated its fiscal 2020 guidance, narrowing the range for non-GAAP adjusted EPS to $4.20 to $4.40.