RBC Bearings INC Q1 FY2024 Earnings Call

RBC Bearings INC (RBC)

Earnings Call FY2024 Q1 Call date: 2023-08-04 Concluded

Quarter scorecard

Revenue

$387.10M

+9.3% YoY

Diluted EPS

$1.52

+39.4% YoY

Gross margin

43.4%

+3.5 pp YoY

Net income

$50.00M

+33.7% YoY

Industrial $266.60M

Aerospace Defense $120.50M

Buybacks

$6.80M