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Applied Industrial Technologies, Inc. (AIT) Q2 2025 Earnings Call Transcript

January 29, 2025
in Market & News
Reading Time: 2 mins read
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Applied Industrial Technologies, Inc. (AIT) Q2 2025 Earnings Call Transcript
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Applied Industrial Technologies, Inc. (NYSE:AIT) Q2 2025 Earnings Conference Call January 29, 2025 10:00 AM ET

Company Participants

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Ryan Cieslak – Director, IR & Treasury
Neil Schrimsher – President & CEO
Dave Wells – CFO

Conference Call Participants

David Manthey – Baird
Ken Newman – KeyBanc Capital Markets
Chris Dankert – Loop Capital Markets
Sabrina Abrams – Bank of America
Brett Linzey – Mizuho
Patrick Schuchard – Oppenheimer

Operator

Welcome to the Fiscal 2025 Second Quarter Earnings Call for Applied Industrial Technologies. My name is Liz, and I will be your operator for today’s call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. [Operator Instructions]. Please note that this conference is being recorded.

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

Ryan Cieslak

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

Before we begin, just a reminder that we’ll discuss our business outlook and make forward-looking statements. All forward-looking statements are based on current expectations subject to certain risks and uncertainties, including those detailed in our SEC filings. Actual results may differ materially from those expressed in the forward-looking statements. The company undertakes no obligation to update publicly or revise any forward-looking statement.

In addition, the conference call will use non-GAAP financial measures, which are subject to the qualifications referenced in those documents.

Our speakers today include Neil Schrimsher, Applied’s President and Chief Executive Officer; and Dave Wells, our Chief Financial Officer.

With that, I’ll turn it over to Neil.

Neil Schrimsher

Thanks, Ryan, and good morning, everyone. We appreciate you

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