Parker-Hannifin Q2 Earnings Call Highlights
On profitability, Leombruno said adjusted EBITDA margin was 27.7%, up 90 basis points from the prior year, while net income was 7.65, up 17% year over year, which he called a record.CFO Todd Leombruno added that the quarter produced new records for sales, adjusted segment operating margin, EBITDA, net income, and earnings per share. He said sales increased 9% year over year, with organic growth “nearly 7%,” currency a 2% tailwind, acquis ...