Applied Industrial Technologies Q4 Profit Jumps As Revenue Grows; 2023 EPS Above View
Applied Industrial Technologies (AIT), a value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies, on Thursday reported a spurt in net income for the fourth quarter on more-than-expected revenues. Net income for the period was $79.1 million or $2.02 per share as compared to $59.2 million or $1.51 per share […]
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