AIT Stock

Applied Industrial Technologies, Inc. (NYSE:AIT) will hold its Q2 2025 Earnings Conference Call on January 29, 2025, at 10:00 AM ET. The call will feature company representatives including Ryan Cieslak, Neil Schrimsher, and Dave Wells, along with participants from various financial institutions. The operator, Liz, will guide the call.

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a top distributor and provider of technical solutions for industrial motion, fluid power, flow control, automation technologies, and maintenance supplies, has announced its financial results for the second quarter of fiscal 2025, which ended on December 31, 2024. The company's net sales for the quarter reached $1.1 billion, showing a slight decrease of 0.4% compared to the previous year. This change includes a 1.9% increase from acquisitions and a 1.6% boost from an additional sales day.

In the second quarter of fiscal 2025, AIT's revenues decreased by 0.4% compared to the same period last year, mainly because the Service Center-Based Distribution segment did not perform well.

Applied Industrial Technologies (AIT) lacks the right mix of two important factors that could lead to a positive earnings surprise in its next report. Be ready for the main expectations.

Is Applied Industrial Technologies (AIT) a strong choice for momentum investors? Let's investigate.

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) has announced that it will share its financial results for the second quarter of fiscal 2025 on Wednesday, January 29, 2025, before the market opens. This quarter ended on December 31, 2024. The company will hold a conference call at 10 a.m. ET that day to talk about the results and future expectations, which can be followed through a live audio webcast on their Investor Relations website at https://ir.applied.com.

VODNJAN, Croatia--(BUSINESS WIRE)--Infobip, a global cloud communications platform, has been named the top provider in the Artificially Inflated Traffic (AIT) Fraud Prevention market by Juniper Research. The firm placed Infobip first among 18 companies in its 2024 Competitor Leaderboard for AIT Fraud Detection Solutions. Juniper Research evaluates vendors based on 11 different criteria, including their operational scale in AIT prevention.

Ongoing weakness in the manufacturing sector is affecting the short-term outlook for the Zacks Manufacturing - General Industrial industry. Investors might want to look into buying stocks like DOV, AIT, GNRC, and DXPE.

Applied Industrial Technologies uses mergers and acquisitions to grow, concentrating on profitable areas such as flow control and engineered solutions for lasting success. The company is well-positioned for future growth, benefiting from trends like reshoring and rising investments in production automation, with 88% of its revenue coming from the U.S. In FY2023, AIT showed strong financial results, achieving a 15.8% increase in revenue and a 34.3% rise in earnings per share, demonstrating the effectiveness of its strategic acquisitions and strong market demand.