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Applied Industrial Technologies reports organic revenue growth and raises annual EPS guidance

The Motley Fool +1 · ·by G4L

AIT
AIT Applied Industrial Technologies Inc
$297.32 +4.92%
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  1. 1Applied Industrial Technologies reported 7% organic revenue growth for the first quarter of fiscal year 2027.
  2. 2Applied Industrial Technologies recorded nearly 10% EBITDA growth in the first quarter alongside 7% organic revenue growth.
  3. 3Applied Industrial Technologies raised its annual earnings per share (EPS) guidance from $11.70 to $12.20.

So what's the key point?

Applied Industrial Technologies increased both its revenue and profits. The company raised its expected earnings per share to $12.20.

Source The Motley Fool +1 · View original ↗

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