10-Q quarterly report · filed Aug 3, 2018

Itt Inc (ITT) Q2 2018 10-Q Quarterly Report

Short answer

Itt Inc (ITT) filed its Q2 2018 10-Q quarterly report on Aug 3, 2018 for the quarter ended Jun 30, 2018.

Itt Inc Q2 2018 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $696.8, up 10.4% YoY from $630.9, driven by transportation, aerospace and defense
  • Operating margin 11.5% vs 9.4% YoY, gross margin 32.4% vs 32.5%
  • Motion Technologies largest segment, revenue $330.3, up 13.9%; Connect & Control fastest operating-income growth, up 92.3% to $27.3
  • Operating cash flow $119.3 for six months vs $92.6; share repurchases $50 and capital expenditures $46.3
  • Tariffs could raise input costs; ultimate impact uncertain, while Russia sanctions could affect up to $15 in annual revenue

Risk Factors

  • No new, changed, regulatory, operational, competitive, or financial risks identifiable from the excerpt

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

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