Financial Performance - Net sales for Q3 FY2025 reached $207.8 million, a 17.2% increase year-over-year and a 9.5% increase quarter-over-quarter[3] - Adjusted operating income was $40.3 million, reflecting a 37.3% increase year-over-year and a 13.8% increase quarter-over-quarter[3] - The company achieved a record adjusted gross margin of 42.3%, up 140 basis points sequentially and 230 basis points year-over-year[5] - Net income from continuing operations for the fiscal third quarter of 2025 was $22.8 million, up 42.5% from $15.9 million in the same quarter of 2024[31] - GAAP diluted EPS increased by 35.4% year-over-year to $1.81, while adjusted diluted EPS rose by 3.7% to $1.95[3] - Diluted earnings per share from net income attributable to Standex reported at $1.81 for Q3 2025, a 34.4% increase from $1.35 in Q3 2024[42] - Adjusted diluted earnings per share increased by 3.6% to $1.95 in Q3 2025 compared to $1.88 in Q3 2024[42] - For the nine months ended March 31, 2025, diluted earnings per share from net income attributable to Standex decreased by 24.8% to $3.41 from $4.54 in the same period of 2024[42] Segment Performance - Fast growth market sales totaled $60.4 million, accounting for approximately 29% of total sales, on track to meet the fiscal year target of $170 million[4] - The Electronics segment reported revenue of $111.3 million, a 38.4% increase year-over-year, with a book-to-bill ratio of 0.98 indicating market stability[8] - The electronics segment saw a significant increase in net sales, rising by 17.2% to $284,939,000 for the nine months ended March 31, 2025, compared to $241,538,000 in 2024[38] - The acquisition of McStarlite is expected to be accretive to earnings in the first year and contributed to a 36.2% revenue increase in the Engineering Technologies segment[16] Cash Flow and Debt - Free cash flow decreased by 81.9% year-over-year to $3.5 million, reflecting a significant decline from $19.3 million in Q3 FY2024[3] - Net cash provided by continuing operating activities for the three months ended March 31, 2025, was $9.6 million, down from $24.4 million in the prior year's quarter[23] - The Company had net (cash) debt of $470.4 million as of March 31, 2025, compared to $10.0 million at the end of the fiscal third quarter of 2024[23] - Funded debt to EBITDA ratio increased to 2.8x, reflecting a 366.7% increase year-over-year, indicating a significant rise in leverage[3] - Interest expense for the fiscal third quarter of 2025 was $8.4 million, significantly higher than $0.9 million in the same quarter of 2024[31] - The Company expects interest expense to be approximately $9 million in the fiscal fourth quarter of 2025[23] Capital Expenditures and Investments - Capital expenditures in the fiscal third quarter of 2025 were $6.1 million, up from $5.2 million in the same quarter of 2024, with expectations for total capital expenditures in fiscal year 2025 to be between $25 million and $30 million[23] - The company incurred $477,381,000 in expenditures for acquisitions during the nine months ended March 31, 2025, compared to $47,696,000 in 2024[36] - The company reported a net cash used in investing activities of $493,343,000 for the nine months ended March 31, 2025, compared to $53,957,000 in 2024[36] Other Financial Metrics - Gross profit for the fiscal third quarter of 2025 was $82.4 million, compared to $68.3 million in the prior year, reflecting a gross margin improvement[31] - Average diluted shares outstanding increased to 12.1 million in the fiscal third quarter of 2025 from 11.8 million in the same quarter of 2024[31] - Adjusted income from operations for the nine months ended March 31, 2025, increased by 14.5% to $104,830,000 compared to $91,585,000 in 2024[40] - The adjusted EBITDA for the nine months ended March 31, 2025, increased by 13.3% to $119,004,000 compared to $105,076,000 in 2024[40] Restructuring and Acquisition Costs - Total restructuring charges amounted to $0.13 in Q3 2025, down from $0.26 in Q3 2024[42] - Acquisition-related costs increased significantly to $0.14 in Q3 2025 from $0.04 in Q3 2024[42] - Amortization of acquired intangible assets rose to $0.29 in Q3 2025, compared to $0.13 in Q3 2024[42] - Discrete tax items negatively impacted earnings by $(0.77) in Q3 2025, while there were no such items in Q3 2024[42] - Purchase accounting expenses increased to $0.35 in Q3 2025 from $0.05 in Q3 2024[42] Future Outlook - The company expects slightly to moderately higher revenue in Q4 FY2025, driven by recent acquisitions and higher sales into fast growth end markets[7]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-07233 STANDEX INTERNATIONAL CORPORATION (Exact name of registrant as specified in its charter) Delaware 31-0596149 (State of incorporation) (IRS Employer Identification No.) 23 ...

Standex International (SXI) Q3 2025 Earnings Call May 02, 2025 08:30 AM ET Speaker0 Thank you, operator, and good morning. Please note that the presentation accompanying management's remarks can be found on the Investor Relations portion of the company's website at www.standex.com. Please refer to Standex's Safe Harbor statement on slide two. Matters that Standex management will discuss on today's conference call include predictions, estimates, expectations and other forward looking statements. These statem ...

Standex International (SXI) came out with quarterly earnings of $1.95 per share, beating the Zacks Consensus Estimate of $1.93 per share. This compares to earnings of $1.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.04%. A quarter ago, it was expected that this equipment manufacturing company would post earnings of $1.68 per share when it actually produced earnings of $1.91, delivering a surprise of 13.69%.Over the last ...

Third Quarter Fiscal 2025 Earnings Call Presentation May 2, 2025 SAFE HARBOR STATEMENT Statements contained in this presentation that are not based on historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of forward-looking terminology such as "should," "could," "may," "will," "expect," "believe," "estimate," "anticipate," "intends," "continue," or similar terms or variations of th ...

Sales Increased 17.2% with Contributions from Acquisitions Partially Offset by Organic Decline; Fast Growth End Markets Increased to 29% of Total Sales GAAP Gross Margin of 39.7%; Record Adjusted Gross Margin of 42.3% - Up 140 bps Sequentially and 230 bps YOY GAAP Operating Margin of 12.6%; Record Adjusted Operating Margin of 19.4% - Up 70 bps Sequentially and 280 bps YOY Electronics Book to Bill of 0.98 Indicating Market Stability; Electronics Organic Bookings up >10% YOY; Strong Amran/Narayan Group Sale ...

SALEM, N.H., April 25, 2025 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) will announce its third quarter fiscal 2025 financial results on Thursday, May 1, 2025 after the close of the market and will broadcast its conference call live over the Internet at 8:30 a.m. ET on Friday, May 2, 2025.On the call, David Dunbar, President & CEO, and Ademir Sarcevic, CFO & Treasurer, will review the Company's third quarter financial results, business highlights and outlook.Investors interested in listeni ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Standex International (SXI) , which belongs to the Zacks Manufacturing - General Industrial industry.When looking at the last two reports, this equipment manufacturing company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 8.35%, on average, in the last two quarters.For the last reported quarter, Standex cam ...

SALEM, N.H., April 24, 2025 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) today announced that its Board of Directors has declared a quarterly cash dividend of $0.32 per share, an approximately 6.7% year-on-year increase. The dividend is payable May 23, 2025, to shareholders of record on May 9, 2025. The dividend is the Company's 243rd consecutive quarterly cash dividend. Standex has paid dividends each quarter since it became a public corporation in November 1964.About StandexStandex Intern ...

SALEM, N.H., March 3, 2025 /PRNewswire/ -- Standex International Corporation (NYSE:SXI) announced today that Ademir Sarcevic, CFO and Treasurer, will be participating in the 37th Annual ROTH Conference in Dana Point, California, on March 16-18, 2025.Interested parties may access the Company's presentation on the Investor Relations section of Standex's website under the subheading, Events and Presentations, located on the Company's website standex.com.About StandexStandex International Corporation is a multi ...