Applied Industrial Technologies

Applied Industrial Technologies, Inc. engages in the manufacture and distribution of industrial parts and products. It operates through the Service Center Based Distribution, and Fluid Power & Flow Control Business segments. The Service Center-Based Distribution segment provides customers with a wide range of industrial products through a network of service centers. The Fluid Power & Flow Control Businesses segment specializes in distributing, engineering, designing, integrating, and repairing hydraulic and pneumatic fluid power technologies, and engineered flow control products and services. The company was founded by Joseph Bruening in January 1923 and is headquartered in Cleveland, OH.

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AIT reports robust Q1 performance, eyes growth amid market uncertainty

AIT's Q1 2023 earnings call showcased robust financial performance, strong customer activity, and strategic acquisitions. While supply chain issues and market uncertainty present challenges, the company remains focused on margin expansion and growth opportunities.

Applied Industrial Technologies posts record Q2 results and advances automation strategy

Applied Industrial Technologies (AIT) reported robust Q2 results, showcasing strong growth, operational efficiency, and strategic initiatives. The company's focus on automation, diverse end markets, and customer collaboration bodes well for future performance. Despite challenges like margin pressures, AIT's financial strength, guidance raise, and market positioning offer a positive outlook.

Applied Industrial Technologies reports strong Q3 earnings and strategic acquisitions

Applied Industrial Technologies delivered impressive financial results, showcasing growth in key metrics and strategic initiatives. The company remains confident in its ability to navigate challenges and capitalize on growth opportunities, positioning itself for continued success in the market.

Applied Industrial Technologies reports record year with strong Q4 results

Applied Industrial Technologies (AIT) delivered a strong performance in Q4 2023, with record sales, earnings, and margin improvement.
The company's focus on operational efficiency, customer relationships, and strategic pricing initiatives positions it well for sustained growth.
Challenges related to supply chain disruptions and inflationary pressures require proactive cost management and pricing strategies.
Opportunities lie in technology investments, customer relationship management, and strategic pricing to drive future growth and profitability.

Applied Industrial Technologies reports robust Q1 earnings and growth outlook

AIT's Q1 performance showcased strong earnings growth, margin improvement, and effective cost controls, underpinning financial stability and growth prospects.
While facing challenges in the technology sector and automation delays, AIT's focus on sales growth, backlog strength, and capital allocation presents opportunities for future expansion.
Overall, AIT's strategic initiatives and positive outlook, including raised full-year guidance, position the company well for sustained growth and value creation.

Applied Industrial Technologies posts strong Q2 results amidst market challenges

Applied Industrial Technologies (AIT) reported robust financial results for Q2 2024, with strong sales, margin expansion, and earnings growth, reflecting operational excellence and strategic focus.
While facing challenges such as inflationary pressures and potential sales headwinds, AIT remains optimistic about future growth potential and is proactively addressing these issues through strategic initiatives.
Overall, AIT's performance underscores its resilience, agility, and commitment to enhancing shareholder value, positioning the company for sustainable growth and profitability in the dynamic market environment.

Applied Industrial Technologies exceeds Q3 sales expectations, eyes automation growth

AIT's Q3 performance reflects resilience and strategic focus on growth, cost management, and competitive positioning through acquisitions and investments.
Despite challenges from economic uncertainty and inflation, AIT's strengths in industry positioning, acquisitions, and operational efficiency position the company for future success.
Opportunities in automation, market expansion, and positive demand trends offer avenues for AIT to navigate challenges and drive sustainable growth in the coming quarters.

Applied Industrial Technologies reports strong margins, eyes U.S. production rebound

AIT's Q4 2024 showcased strong margin performance despite a 2% decline in organic daily sales.
The company's strategic acquisitions and fiscal 2025 guidance reflect confidence in future prospects.
While facing challenges in sales trends, AIT remains optimistic about potential growth catalysts and ongoing investments.

Applied Industrial Technologies reports mixed Q1 results, raises EPS guidance

Applied Industrial Technologies (AIT) navigated mixed sales trends in Q1 2025, with a focus on margin improvement and strategic investments for future growth.
Despite challenges in EBITDA margins and segment sales declines, AIT's strong cash flow performance and raised EPS guidance demonstrate resilience and potential.
Opportunities in reshoring, technology investments, and market demand position AIT for continued success, supported by disciplined acquisitions and capital deployment.

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Applied Industrial Technologies, Inc. engages in the manufacture and distribution of industrial parts and products. It operates through the Service Center Based Distribution and Engineered Solutions segments. The Service Center Based Distribution segment is involved in local service centers and distribution centers with a focus on providing products and services addressing the maintenance and repair of motion control infrastructure and production equipment. The Engineered Solutions segment focuses on distributing, engineering, designing, integrating, and repairing hydraulic and pneumatic fluid power technologies, and engineered flow control products and services. The company was founded by Joseph Bruening in January 1923 and is headquartered in Cleveland, OH.

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Does Applied Industrial Technologies (AIT) have what it takes to be a top stock pick for momentum investors? Let's find out.

Applied Industrial Technologies (AIT) is a Great Momentum Stock: Should You Buy?

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Why Applied Industrial Technologies (AIT) is a Top Momentum Stock for the Long-Term

Applied Industrial Technologies (AIT) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Looking for a Growth Stock? 3 Reasons Why Applied Industrial Technologies (AIT) is a Solid Choice

Applied Industrial Technologies (AIT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Applied Industrial Technologies, Inc. (AIT) Hits Fresh High: Is There Still Room to Run?

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Applied Industrial Technologies (AIT) possesses solid growth attributes, which could help it handily outperform the market.

3 Reasons Why Growth Investors Shouldn't Overlook Applied Industrial Technologies (AIT)

Applied Industrial's (AIT) second-quarter fiscal 2024 results benefit from contributions from acquisitions and solid growth across national strategic accounts.

Applied Industrial (AIT) Q2 Earnings Beat, Revenues Rise Y/Y

Applied Industrial Technologies, Inc. (AIT) Q2 2024 Earnings Call Transcript

Applied Industrial Technologies (AIT) came out with quarterly earnings of $2.24 per share, beating the Zacks Consensus Estimate of $2.11 per share. This compares to earnings of $2.05 per share a year ago.

Applied Industrial Technologies (AIT) Q2 Earnings and Revenues Beat Estimates

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 2024 second quarter ended December 31, 2023. Net sales for the quarter of $1.1 billion increased 1.6% over the prior year. The change includes a 1.4% increase from acquisitions and a 0.3% increase from foreign cur.

Applied Industrial Technologies Reports Fiscal 2024 Second Quarter Results

Applied Industrial Technologies, Inc. (AIT) Hit a 52 Week High, Can the Run Continue?

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it will release its fiscal 2024 second quarter results on Thursday, January 25, 2024, before the market opens. The Company's fiscal 2024 second quarter ended December 31, 2023. A quarterly conference call will begin at 10 a.m. ET that day to discuss the Company's financial performance and outlook. A supplemental presentation detailing latest quarter results will be available on the Investor Relations portion.

Applied Industrial Technologies to Report Second Quarter Earnings and Conduct Conference Call on January 25, 2024

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Applied Industrial (AIT) is set to benefit from strength across its businesses, acquired assets and initiatives to drive operational excellence.

Here's Why You Should Buy Applied Industrial (AIT) Stock Now

Applied Industrial Technologies has outperformed the market with its focus on profitability, cashflows, and balance sheet. The company has shown stability in its revenues due to its exposure to a diversified mix of customers. Applied Industrial Technologies aims for organic growth and acquisitions to target over $5.5B in sales and expand EBITDA margins to 13%+.

Applied Industrial Technologies: Industrial Powerhouse That Has A Bright Future

Applied Industrial Technologies is well-positioned for growth in the coming quarters, with orders in the technology vertical stabilizing and potential for M&A. The company's revenue increased by 3.1% YoY in Q1 2024, and it is expected to see good strength in its end markets supported by government industrial infrastructure stimulus. The company's margins are expected to benefit from declining LIFO expenses and operating leverage due to sales growth, making it an attractive investment opportunity.

Applied Industrial Technologies: The Uptrend Should Continue

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Applied Industrial (AIT) is poised for growth on the back of strength across end markets, focus on pricing and cross-selling actions and investments in automation, IIot and digital offerings.

Applied Industrial (AIT) Up 28% YTD: Will the Uptrend Continue?

Applied Industrial's (AIT) Q1 results benefit from contributions from acquisitions and solid growth across national strategic accounts. The company improves its fiscal 2024 guidance.

Applied Industrial (AIT) Q1 Earnings Beat, FY24 View Upbeat

Applied Industrial Technologies, Inc. (NYSE:AIT ) Q1 2024 Earnings Conference Call October 26, 2023 10:00 AM ET Company Participants Ryan Cieslak - Director, IR Neil Schrimsher - President & CEO David Wells - CFO Conference Call Participants David Manthey - Baird Chris Dankert - Loop Capital Ken Newman - KeyBanc Capital Markets Operator Greetings, and welcome to the Fiscal 2024 First Quarter Earnings Call for Applied Industrial Technologies. [Operator Instructions] As a reminder, this conference is being recorded Thursday, October 26, 2023.

Applied Industrial Technologies, Inc. (AIT) Q1 2024 Earnings Call Transcript

Applied Industrial Technologies (AIT) came out with quarterly earnings of $2.39 per share, beating the Zacks Consensus Estimate of $2.07 per share. This compares to earnings of $1.97 per share a year ago.

Applied Industrial Technologies (AIT) Beats Q1 Earnings and Revenue Estimates

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 2024 first quarter ended September 30, 2023. Net sales for the quarter of $1.1 billion increased 3.1% over the prior year. The change includes a 1.1% increase from acquisitions and a 0.2% increase from foreign cur.

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