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Applied Industrial Technologies (AIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Does Applied Industrial Technologies (AIT) have what it takes to be a top stock pick for momentum investors? Let's find out.
AIT benefits from business strength, acquired assets and shareholder-friendly policies.
CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it will release its fiscal 2025 second quarter results on Wednesday, January 29, 2025, before the market opens. The Company's fiscal 2025 second quarter ended December 31, 2024. The Company will host a conference call at 10 a.m. ET that day to discuss the quarter's results and outlook. A live audio webcast and supplemental presentation can be accessed on our Investor Relations site at https://ir.applied.com.
VODNJAN, Croatia--(BUSINESS WIRE)--Global cloud communications platform Infobip has been recognized as the number one provider among Established Leaders in the Artificially Inflated Traffic (AIT) Fraud Prevention market by Juniper Research. The analyst firm has ranked Infobip first of 18 vendors in its Competitor Leaderboard for AIT Fraud Detection Solution Vendors 2024. Juniper Research scores vendors across 11 criteria, including but not limited to their size of operations in the AIT preventi.
Persistent weakness in the manufacturing sector weighs on the Zacks Manufacturing - General Industrial industry's near-term prospects. DOV, AIT, GNRC and DXPE are a few stocks investors may consider buying.
Applied Industrial Technologies leverages M&A for growth, focusing on high-margin segments like flow control and engineered solutions to drive long-term profitability. AIT benefits from reshoring trends and increasing investment into production automation, with 88% of revenue generated in the U.S., positioning it well for future growth. Strong financial performance in FY2023, with 15.8% YoY revenue growth and a 34.3% increase in EPS, highlights effective strategic acquisitions and robust demand.
Applied Industrial's acquisition of Hydradyne is set to expand its footprint in the strategic Southeast U.S. region.
CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it completed the acquisition of Hydradyne, LLC on December 31, 2024. Based in Dallas, Texas with locations across the Southeastern U.S., Hydradyne is a premier provider of fluid power solutions with advanced service capabilities and product offerings in hydraulics, pneumatics, electromechanical, instrumentation, filtration, and fluid conveyance. Neil A. Schrimsher, President & Chief Executive Officer for.
Applied Industrial Technologies (AIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.