10-Q quarterly report · filed Jul 31, 2015

Itt Inc (ITT) Q2 2015 10-Q Quarterly Report

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Itt Inc (ITT) filed its Q2 2015 10-Q quarterly report on Jul 31, 2015 for the quarter ended Jun 30, 2015.

Itt Inc Q2 2015 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $628.2, down 5.2% YoY from $663.0, with organic growth of 1.3%
  • Operating margin 26.2% vs 8.2% YoY, gross margin 34.0% vs 32.4%
  • Best segment Motion Technologies: revenue $184.4, organic growth 9.2%, operating margin 20.1% vs 17.5%
  • Worst segment Interconnect Solutions: revenue $82.7, organic decline 14.2%, operating loss $0.8 vs income $12.3
  • Operating cash flow $89.5 for six months, Hartzell acquisition $53.5, share repurchases $68.8 higher YoY, oil and gas weakness and declining orders headwinds

Risk Factors

  • No material changes to risk factors disclosed in the 2014 Annual Report
  • Carried-forward risks include regulatory, operational, competitive, market, liquidity, debt, currency and concentration exposures

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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