Applied Industrial Technologies, Inc. reported earnings results for the second quarter and six months ended December 31, 2024. For the second quarter, the company reported sales was USD 1,073 million compared to USD 1,077.15 million a year ago. Net income was USD 93.29 million compared to USD 91.23 million a year ago. Basic earnings per share from continuing operations was USD 2.43 compared to USD 2.35 a year ago. Diluted earnings per share from continuing operations was USD 2.39 compared to USD 2.32 a year ago.
For the six months, sales was USD 2,171.95 million compared to USD 2,172.34 million a year ago. Net income was USD 185.35 million compared to USD 185.05 million a year ago. Basic earnings per share from continuing operations was USD 4.83 compared to USD 4.78 a year ago. Diluted earnings per share from continuing operations was USD 4.76 compared to USD 4.71 a year ago.