10-Q quarterly report · filed May 4, 2018

Itt Inc (ITT) Q1 2018 10-Q Quarterly Report

Short answer

Itt Inc (ITT) filed its Q1 2018 10-Q quarterly report on May 4, 2018 for the quarter ended Mar 31, 2018.

Itt Inc Q1 2018 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $689.3, up 10.1% YoY from $625.8, organic growth 2.1%
  • Consolidated operating margin 16.0% vs 9.1%, gross margin 32.5% vs 32.5%
  • Motion Technologies strongest revenue growth, $342.2, up 19.1%; Industrial Process weakest, $189.8, up 2.0%
  • Operating cash flow $42.4 vs $26.9; share repurchases $50.0 and capital expenditures $28.7
  • Oil and gas weakness, QPL connector restrictions, and potential sanctions exposure up to $15 in annual revenue

Risk Factors

  • No material changes reported to risk factors disclosed in the 2017 Annual Report
  • Carried-forward risks include regulatory, operational, competitive, market, and financial exposures from the 2017 Annual Report

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

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