AI brief of an SEC Form 8-K · Applied Industrial Technologies (AIT)

Applied Industrial Technologies Q1 profit dips 1.0%; raises EPS outlook

Mixed Impact 4 of 5 earnings Written later

Applied Industrial Technologies reported fiscal 2025 first-quarter net sales of $1.1 billion, up 0.3% year over year, and net income of $92.1 million, or $2.36 per share, down 1.0%. The company raised its fiscal 2025 EPS guidance to $9.25 to $10.00 from $9.20 to $9.95, mainly on updated interest and other income assumptions, while keeping its sales and EBITDA margin guidance unchanged.

Key points

  • Net sales rose 0.3% to $1.1 billion, but fell 3.0% on an organic daily basis
  • Net income of $92.1 million ($2.36 per share) and EBITDA of $129.0 million both declined from the prior year
  • Fiscal 2025 EPS guidance raised to $9.25 to $10.00; sales guidance of down 2.5% to up 2.5% maintained
  • Quarterly dividend of $0.37 per share declared, payable November 29, 2024 to holders of record on November 15, 2024

The filing

CompanyApplied Industrial Technologies (AIT)
Form8-K, current report
Filed with the SECOct 24, 2024, 9:00 AM ET
Accession number0000109563-24-000101

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 24, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.