ITT INC
For the period ended Mar 30, 2024. Filed May 2, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 30, 2024 · Filed May 2, 2024
ITT$205.55+4.9%Stored close · as of Nov 6, 2026
Contents
Consolidated Condensed Statements of Operations
CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED)
| For the Three Months Ended | March 30,2024 | April 1,2023 |
|---|---|---|
| Revenue | $910.6 | $797.9 |
| Cost of revenue | 609.8 | 536.0 |
| Gross profit | 300.8 | 261.9 |
| General and administrative expenses | 71.5 | 68.3 |
| Sales and marketing expenses | 50.1 | 42.9 |
| Research and development expenses | 30.0 | 26.4 |
| Operating income | 149.2 | 124.3 |
| Interest and non-operating expense, net | 4.4 | 3.5 |
| Income before income tax expense | 144.8 | 120.8 |
| Income tax expense | 32.8 | 20.1 |
| Net income | 112.0 | 100.7 |
| Less: Income attributable to noncontrolling interests | 1.0 | 0.7 |
| Net income attributable to ITT Inc. | $111.0 | $100.0 |
| Earnings per share attributable to ITT Inc.: | ||
| Basic | $1.35 | $1.21 |
| Diluted | $1.34 | $1.20 |
| Weighted average common shares – basic | 82.2 | 82.6 |
| Weighted average common shares – diluted | 82.7 | 83.0 |
The accompanying Notes to the Consolidated Condensed Financial Statements are an integral part of the Statements of Operations.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.