Applied Industrial Technologies Inc (NYSE:AIT)
$ 243.51 2.41 (1%) Market Cap: 9.36 Bil Enterprise Value: 9.42 Bil PE Ratio: 24.85 PB Ratio: 5.34 GF Score: 82/100

Q1 2021 Applied Industrial Technologies Inc Earnings Call Transcript

Oct 28, 2020 / 02:00PM GMT
Release Date Price: $60.24 (+0.42%)
Operator

Welcome to the Fiscal 2021 First Quarter Earnings Call for Applied Industrial Technologies. My name is James, and I'll be your conference operator for today's call. (Operator Instructions) Please note that this conference is being recorded.

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

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

Thanks, James, and good morning to everyone on the call. This morning, we issued our earnings release and supplemental investor deck detailing the 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. All forward-looking statements are based on current expectations subject to certain risks, including the potential impact from COVID-19 as well as trends in sectors and geographies, success of our business strategy and other risk

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