Category: 2022 1Q

Applied Industrial Technologies (NYSE: AIT), Cleveland, Ohio, on Wednesday reported $891.7 million in fiscal 2022 first-quarter sales, a 19.2% increase over the previous year. The change includes a 2.1% increase from acquisitions and a 0.8% increase from foreign currency translation. The company also reported $53 million in profit, or $1.36 per share. “We started fiscal […]