Applied Industrial Technologies: Fiscal Q2 Earnings Snapshot
By AP News
Published - Jan 25, 2024, 06:46 AM ET
Last Updated - Jan 25, 2024, 06:46 AM EST
CLEVELAND (AP) — CLEVELAND (AP) — Applied Industrial Technologies Inc. (AIT) on Thursday reported fiscal second-quarter profit of $91.2 million.
The Cleveland-based company said it had profit of $2.32 per share. Earnings, adjusted for non-recurring gains, were $2.24 per share.
The industrial products company posted revenue of $1.08 billion in the period.
Applied Industrial Technologies expects full-year earnings in the range of $9.35 to $9.70 per share.
