CLEVELAND, October 08, 2024--Applied Industrial Technologies (NYSE: AIT) today announced it will release its fiscal 2025 first quarter results on Thursday, October 24, 2024, before the market opens. The Company’s fiscal 2025 first quarter ended September 30, 2024.
Softness in the Engineered Solutions segment and increasing operating costs weigh on AIT. The unfavorable foreign currency movement is an added concern.
Wrapping up Q2 earnings, we look at the numbers and key takeaways for the engineered components and systems stocks, including Applied Industrial (NYSE:AIT) and its peers.