Applied Industrial Technologies Reports Fiscal 2020 Third Quarter Results
Applied Industrial Technologies, Inc. (AIT)
Last applied industrial technologies, inc. earnings: 4/30 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
ir.applied.com/home
Company Research
Source: Business Wire
Net Sales of $830.8 Million Down 6.2% YoY; Down 9.5% on an Organic Daily BasisNet Loss of $82.8 Million, or $2.14 Per ShareAdjusted Net Income of $39.6 Million, or $1.02 Per ShareOperating Cash Flow of $64.7 Million; Free Cash Flow of $60.5 MillionFiscal 2020 Guidance Withdrawn Amid Economic UncertaintyDeclared Dividend of $0.32 Per Share CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, and automation technologies, today reported results for its third quarter fiscal 2020 ended March 31, 2020.Net sales decreased 6.2% to $830.8 million from $885.4 million in the prior year. The change in sales includes a 1.9% increase from acquisitions and a 1.6% benefit from one extra selling day, partially offset by a negative 0.2% impact from foreign currency translation. Excluding these factors, sales decreased 9.5% on an organic daily basis reflecting a 10.
Show less
Read more
Impact Snapshot
Event Time:
AIT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AIT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AIT alerts
High impacting Applied Industrial Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
AIT
News
- ONDEX Automation Names Joe Nolan as Division President, Vision & Robotics [Yahoo! Finance]Yahoo! Finance
- Applied Industrial Technologies (AIT) had its price target raised by KeyCorp from $300.00 to $330.00. They now have an "overweight" rating on the stock.MarketBeat
- ESCO (ESE) Q4 Earnings: What To Expect [Yahoo! Finance]Yahoo! Finance
- Applied Industrial (AIT) Reports Mixed Q2 Earnings, KeyBanc Maintains Overweight Rating [Yahoo! Finance]Yahoo! Finance
- Timken (TKR) Reports Earnings Tomorrow: What To Expect [Yahoo! Finance]Yahoo! Finance
AIT
Earnings
- 1/27/26 - Beat
AIT
Sec Filings
- 2/27/26 - Form 4
- 2/26/26 - Form 144
- 2/10/26 - Form 4
- AIT's page on the SEC website