Applied Industrial Technologies Inc Q2 FY2021 Earnings Call

Applied Industrial Technologies Inc (AIT)

Earnings Call FY2021 Q2 Call date: 2021-01-28 Concluded

Quarter scorecard

Revenue

$751.29M

-9.9% YoY

Diluted EPS

$-0.14

-114.4% YoY

Gross margin

27.9%

-1.0 pp YoY

Net income

-$5.33M

-114% YoY

Service Center Based Distribution Segment $515.69M

-10.4%

Fluid Power Flow Control Segment $235.60M

-8.5%