{"schema_version":"secwatch.filing_event.v1","accession":"0000109563-23-000044","form_type":"8-K","ticker":"AIT","cik":"0000109563","company_name":"APPLIED INDUSTRIAL TECHNOLOGIES INC","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.927932+00:00","generated_at":"2026-06-16T08:05:55.744171+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Applied Industrial Q3 sales $1.1B (+15.4% YoY); adj EPS $2.38 (+36.3%); raises FY guidance","bullets":["Net sales $1.1B, up 15.4% YoY (organic +15.0%); Service Center +16.1%, Engineered Solutions +13.1%.","Adjusted net income $93.5M ($2.38/sh), up 36.3% YoY; EBITDA $140.3M (+29.2%).","FY2023 guidance raised: adj EPS $8.47-$8.60 (prior $8.10-$8.50), sales growth 14%-15%, EBITDA margins 11.7%-11.8%.","Quarterly dividend $0.35/sh declared, payable May 31, record May 15.","April sales trending up high single-digit organic % YoY; management sees near-term moderation but above-market growth."],"urls":{"canonical":"https://secwatch.observer/filing/0000109563-23-000044","json":"https://secwatch.observer/filing/0000109563-23-000044.json","markdown":"https://secwatch.observer/filing/0000109563-23-000044.md","text":"https://secwatch.observer/filing/0000109563-23-000044.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/109563/000010956323000044/0000109563-23-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/109563/000010956323000044/ait-20230427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T08:05:55.744171+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f62e8ad502fa7e7ebd7af25ddb8f6038c27f3dcb","claim":"APPLIED INDUSTRIAL TECHNOLOGIES INC reported the fiscal 2023 third quarter ended March 31, 2023 results: revenue $1.1 Billion, net income $97.2 Million, EPS $2.47 Per Share. Guidance raised.","evidence_excerpt":"Applied Industrial Technologies Reports Fiscal 2023 Third Quarter Results • Net Sales of $1.1 Billion Up 15.4% YoY; Up 15.0% on an Organic Basis • Net Income of $97.2 Million, or $2.47 Per Share • Adjusted Net Income of $93.5 Million, or $2.38 Per Share Up 36.3% YoY • EBITDA of $140.3 Million Up 29.2% YoY • Updating Fiscal 2023 Guidance to Reflect Fiscal Third Quarter Performance","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/109563/000010956323000044/0000109563-23-000044-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal 2023 third quarter ended March 31, 2023"},{"label":"Revenue","value":"$1.1 Billion"},{"label":"Net income","value":"$97.2 Million"},{"label":"EPS","value":"$2.47 Per Share"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}