Applied Industrial Technologies Q1 Sales Rise 7.6%, EPS Guidance Raised
Fiscal 2027 first-quarter net sales rose 7.6% year over year to $1.29 billion. Net income was $110.4 million, diluted EPS increased to $2.97 from $2.63, and EBITDA reached $160.3 million. The company raised its full-year EPS guidance; the updated outlook is not specified.