Brief: Applied Industrial Technologies Reports Fiscal 2022 Third Quarter Results

Applied Industrial Technologies

28/04/2022 11:36

April 28 (Reuters) - Applied Industrial Technologies Inc  AIT.N :
    * APPLIED INDUSTRIAL TECHNOLOGIES REPORTS FISCAL 2022 THIRD QUARTER RESULTS
    * Q3 EARNINGS PER SHARE $1.75
    * Q3 SALES ROSE 16.6 PERCENT TO $980.7 MILLION
    * RAISING FISCAL 2022 GUIDANCE FOR SALES, EBITDA MARGIN, AND EPS
    * RAISING GUIDANCE FOR FISCAL 2022 AND NOW PROJECTS EPS OF $6.15 TO $6.25
    * SEES 2022 SALES GROWTH OF 14.8% TO 15.3% INCLUDING 13.6% TO 14.1% ON AN
ORGANIC
BASIS

Source text for Eikon:  ID:nBw6rZgxMa 
Further company coverage:  AIT.N 

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