10-Q quarterly report · filed Aug 2, 2019

Itt Inc (ITT) Q2 2019 10-Q Quarterly Report

Short answer

Itt Inc (ITT) filed its Q2 2019 10-Q quarterly report on Aug 2, 2019 for the quarter ended Jun 30, 2019.

Itt Inc Q2 2019 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $719.9M, up 3.3% YoY from $696.8M
  • Operating margin 11.9% vs 11.5%; gross margin 32.2% vs 32.4%
  • Industrial Process best segment: revenue $232.6M, up 14.5%; Motion Technologies worst: $317.7M, down 3.8%
  • Operating cash flow $101.1M vs $119.3M; Rheinhütte acquisition used $87.3M
  • Orders fell 6.6% to $692.8M amid project delays, short-cycle weakness, tariffs and higher commodity costs

Risk Factors

  • No material changes to risk factors since the 2018 Annual Report
  • Carried-forward risks incorporated by reference from the 2018 Annual Report

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

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