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Supply chains have ‘stabilized,’ but certain parts remain hard to get: CEO
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Jul 31, 2023RBC Bearings Incorporated Reports Earnings Results for the First Quarter Ended July 01, 2023
May 18, 2023RBC Bearings Incorporated reported earnings results for the first quarter ended July 01, 2023. For the first quarter, the company reported sales was USD 387.12 million compared to USD 354.08 million a year ago. Net income was USD 50.03 million compared to USD 37.44 million a year ago.
Basic earnings per share from continuing operations was USD 1.53 compared to USD 1.11 a year ago. Diluted earnings per share from continuing operations was USD 1.52 compared to USD 1.09 a year ago.