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Applied Industrial Technologies Inc Q4 adjusted earnings of $1.03 per share

Applied Industrial Technologies Inc (AIT) announced earnings for fourth quarter that decreased from last year.

The company's earnings totaled $40.36 million, or $1.03 per share. This compares with $52.96 million, or $1.34 per share, in last year's fourth quarter.

The company's revenue for the quarter rose 31.7% to $897.72 million from $681.47 million last year.

Applied Industrial Technologies Inc earnings at a glance:

-EPS (Q4): $1.03 vs. $0.78 last year.
-Revenue (Q4): $897.72 Mln vs. $681.47 Mln last year.

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