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RBC Bearings Inc (NYSE: RBC) delivers precision-engineered solutions for mission-critical applications across industrial and aerospace sectors. This dedicated news hub provides investors and industry professionals with essential updates directly affecting market positioning and technical developments.
Access authoritative coverage of earnings announcements, product innovations, and strategic partnerships. Our curated selection includes regulatory filings, manufacturing advancements, and leadership updates from this specialized components manufacturer.
Key focus areas include aerospace defense contracts, industrial bearing innovations, and quality control advancements. Users benefit from centralized access to operational milestones that demonstrate RBC's engineering capabilities in demanding environments.
Bookmark this page for streamlined tracking of RBC's performance in precision manufacturing markets. Regular updates ensure informed decision-making about this technical components specialist.
RBC Bearings (NYSE: RBC, RBCP) reported its Fiscal Q1 2025 results, showcasing a 5.0% increase in net sales to $406.3 million. The Aerospace/Defense segment surged by 23.7%, while the Industrial segment declined by 3.5%.
Gross margin improved to 45.3% from 43.4%. Net income attributable to common stockholders rose to $55.7 million, up 25.7% year-over-year, with diluted EPS rising 25.0% to $1.90. Adjusted EBITDA margin increased to 33.0% from 31.1%.
Operating income was $97.5 million, up 14.7%, and free cash flow conversion was a robust 144.0%. The backlog as of June 29, 2024, was $825.8 million.
The Series A mandatory convertible preferred stock will convert to common stock by October 15, 2024, saving $23.0 million annually.
The company projects Q2 2025 net sales between $395.0 million and $405.0 million, indicating a growth rate of 2.4% to 5.0% over the previous year.
RBC Bearings Incorporated (NYSE: RBC) reported strong fiscal Q1 2025 results with net sales of $406.3 million, a 5.0% increase over last year. The Aerospace/Defense segment saw a notable 23.7% rise in sales, while the Industrial segment experienced a 3.5% decline. Gross margin improved to 45.3% from 43.4% last year.
Net income attributable to common stockholders increased by 25.7% to $55.7 million, with diluted EPS rising from $1.52 to $1.90. The adjusted net income was $74.5 million, and adjusted diluted EPS was $2.54. Operating income also grew by 14.7% to $97.5 million. Free cash flow conversion was strong at 144.0%.
For Q2 2025, RBC Bearings expects net sales between $395.0 million and $405.0 million, a growth of 2.4% to 5.0% compared to last year. The company will host a webcast on August 2, 2024, to discuss the results.
RBC Bearings Incorporated (NYSE: RBC, RBCP), a leading manufacturer of precision bearings and essential systems for industrial, defense, and aerospace sectors, has announced its upcoming first quarter fiscal 2025 earnings conference call. The company will release its financial results on Friday, August 2nd before market opening, followed by a webcast at 11:00 a.m. ET. Key executives, including CEO Dr. Michael J. Hartnett, will discuss the quarter's results and achievements.
Investors can access the webcast through the company's website or dial in to listen. An audio replay will be available until August 16th, 2024. RBC Bearings, founded in 1919, specializes in highly engineered precision bearings and components for diverse markets.
RBC Bearings (NYSE: RBC, RBCP) reported its fiscal Q4 and full year 2024 results. Q4 net sales increased by 4.9% to $413.7 million, driven by a 16.8% rise in Aerospace/Defense, but Industrial sales dipped by 0.4%. The gross margin was 43.1%, up from 42.2% last year. Q4 net income rose by 25.5% to $61.6 million. For fiscal 2024, net sales increased by 6.2% to $1,560.3 million, with Aerospace/Defense up 20.7% and Industrial up 0.2%. The gross margin improved to 43.0%. Net income rose by 25.9% to $209.9 million. The company anticipates Q1 fiscal 2025 net sales to be between $415.0 million and $420.0 million, expecting a growth rate of 7.2% to 8.5%.
RBC Bearings Incorporated (NYSE: RBC, RBCP) will release its fourth-quarter fiscal 2024 financial results on May 17th. The company is a leading international manufacturer of precision bearings for industrial, defense, and aerospace industries. The earnings conference call will feature key executives discussing the results.
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