Posted August 4, 2022

Ingersoll Rand sales grew 12.6 percent

Ingersoll Rand Inc. reported revenue of $1.4 billion for the second quarter of 2022, a 12.6 percent increase from $1.3 billion in the same period last year.

Ingersoll RandNet income of $138.5 million, or 34 cents per diluted share, fell from $233.9 million, or 56 cents, in last year's second quarter. 

Sales in the Industrial Technologies and Services Segment of $1.15 billion increased by 10 percent.

Sales in the Precision and Science Technologies Segment of $289 million improved by 25 percent.