Posted February 6, 2018

RBC Bearings sales up 13.8 percent

RBC Bearings reported net sales for the third quarter of fiscal 2018 were $166.9 million, an increase of 13.8 percent from $146.7 million in the third quarter 2017.

Net sales for the aerospace markets increased 8.9 percent and the industrial markets increased by 23.1 percent.

Net income for the quarter was $23.8 million, or 97 cents per diluted share, compared to $12.8 million, or 54 cents, for the same period last year.