Applied Industrial Technologies Inc Q2 FY2020 Earnings Call

Applied Industrial Technologies Inc (AIT)

Earnings Call FY2020 Q2 Call date: 2020-01-23 Concluded

Quarter scorecard

Revenue

$833.38M

-0.8% YoY

Diluted EPS

$0.97

-2% YoY

Gross margin

28.9%

+0.0 pp YoY

Net income

$38.03M

-1.8% YoY

Service Center Based Distribution Segment $575.79M

-2.3%

Fluid Power Flow Control Segment $257.59M

+2.7%