CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation ...
Applied Optoelectronics, Inc. (AOI) reported its financial results for Q4 and full year 2024, showing significant growth driven by its datacenter and CATV businesses. For Q4 2024, GAAP revenue reached ...
Ladies and gentlemen, welcome to the fiscal 2024 Fourth Quarter Earnings Call for Applied Industrial Technologies. My name is Abby, and I'll be your operator for today's call [Operator Instructions].
Applied generated record revenue of $7.05 billion. On a GAAP basis, the company reported gross margin of 47.3 percent, record operating income of $2.05 billion or 29.0 percent of net revenue, and ...