Applied Industrial Technologies Inc (NYSE:AIT)
$ 273.9 -6.59 (-2.35%) Market Cap: 10.53 Bil Enterprise Value: 10.59 Bil PE Ratio: 27.95 PB Ratio: 6.01 GF Score: 84/100

Q1 2023 Applied Industrial Technologies Inc Earnings Call Transcript

Oct 27, 2022 / 02:00PM GMT
Release Date Price: $121.17 (+3.76%)
Operator

Welcome to the Fiscal 2023 First Quarter Earnings Call for Applied Industrial Technologies. My name is Bridget, and I will be your operator for today's call. (Operator Instructions) Please note that this conference is being recorded.

I will now turn the call over to Mr. Ryan Cieslak, Director of Investor Relations and Treasury. Ryan, you may begin.

Ryan Dale Cieslak
Applied Industrial Technologies, Inc. - Director of IR & Assistant Treasurer

Okay. Thanks, Bridget, and good morning to everyone on the call. This morning, we issued our earnings release and investor presentation detailing our first quarter results. Both of these documents are available in the Investor Relations section of applied.com.

Before we begin, just a reminder, we'll discuss our business outlook and make forward-looking statements, which are based on current expectations subject to certain risks and uncertainties, including those detailed in our SEC filings. Actual results may differ materially from these expectations. The company undertakes no obligation to update

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