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STANDEX ACQUIRES MCSTARLITE
Prnewswire· 2025-02-05 21:01
SALEM, N.H., Feb. 5, 2025 /PRNewswire/ -- Standex International Corporation (NYSE:SXI) today announced that it has acquired privately-held, California-based McStarlite Co., a leading provider of complex sheet metal aerospace components, for approximately $56.5 million in cash, financed from Standex's existing revolver. In its first year of ownership, the Company expects the acquisition to be accretive to its earnings. McStarlite Co. will be reported as part of Standex's Engineering Technologies Group busine ...
Standex(SXI) - 2025 Q2 - Quarterly Report
2025-01-31 21:14
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-07233 STANDEX INTERNATIONAL CORPORATION (Exact name of registrant as specified in its charter) Delaware 31-0596149 (State of incorporation) (IRS Employer Identification No.) ...
Standex(SXI) - 2025 Q2 - Quarterly Results
2025-01-31 18:43
Exhibit 99 NEWS RELEASE STANDEX INTERNATIONAL CORPORATION █ SALEM, NH 03079 █ TEL (603) 893-9701 █ WEB www.standex.com STANDEX REPORTS FISCAL SECOND QUARTER 2025 FINANCIAL RESULTS SALEM, NH – January 30, 2025 – Standex International Corporation (NYSE: SXI) today reported financial results for the second quarter of fiscal year 2025 ended December 31, 2024. | Summary Financial Results - Total | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | ($M except EPS and Dividends) | | 2Q25 | | ...
Standex(SXI) - 2025 Q2 - Earnings Call Presentation
2025-01-31 15:02
Second Quarter Fiscal 2025 Earnings Call Presentation January 31, 2025 SAFE HARBOR STATEMENT ▪ Q2 FY25 adjusted gross margin of 40.9% - up 60 bps YOY ▪ Q2 FY25 record adjusted operating margin of 18.7% - up 150 bps YOY; R&D expenses at 2.8% of sales with continued investments in new product development ▪ Integration of Amran/Narayan acquisition progressing ahead of plan ▪ In Q3 FY25, on a sequential basis, expect moderately to significantly higher revenue and slightly to moderately higher adjusted operating ...
Standex International (SXI) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2025-01-30 23:16
Standex International (SXI) came out with quarterly earnings of $1.91 per share, beating the Zacks Consensus Estimate of $1.68 per share. This compares to earnings of $1.78 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.69%. A quarter ago, it was expected that this equipment manufacturing company would post earnings of $1.66 per share when it actually produced earnings of $1.71, delivering a surprise of 3.01%.Over the last ...
STANDEX REPORTS FISCAL SECOND QUARTER 2025 FINANCIAL RESULTS
Prnewswire· 2025-01-30 21:01
Sales Increased 6.4% with Contributions from Acquisitions Partially Offset by Organic Decline; Highest Sales Quarter Since Divestiture of the Refrigeration Group in April 2020 GAAP Gross Margin of 37.6%; Adjusted Gross Margin of 40.9% - Up 60 bps YOY GAAP Operating Margin of 4.5%; Record Adjusted Operating Margin of 18.7% - Up 150 bps YOY Electronics Book to Bill 1.02 Indicating Continued Market Recovery; Sales into Electrical Grid End Market Anticipated to Provide Tailwind to Second Half of FY25SALEM, N. ...
STANDEX DECLARES 242nd CONSECUTIVE QUARTERLY DIVIDEND
Prnewswire· 2025-01-24 14:32
SALEM, N.H., Jan. 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 February 28, 2025, to shareholders of record on February 14, 2025. The dividend is the Company's 242nd consecutive quarterly cash dividend. Standex has paid dividends each quarter since it became a public corporation in November 1964.About StandexStan ...
STANDEX ANNOUNCES TIMING OF SECOND QUARTER FISCAL 2025 RESULTS
Prnewswire· 2025-01-24 13:30
SALEM, N.H., Jan. 24, 2025 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) will announce its second quarter fiscal 2025 financial results on Thursday, January 30, 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, January 31, 2025. On the call, David Dunbar, President & CEO, and Ademir Sarcevic, CFO & Treasurer, will review the Company's second quarter financial results, business highlights and outlook. Investors interest ...
STANDEX ACQUIRES CUSTOM BIOGENIC SYSTEMS
Prnewswire· 2024-11-14 21:10
SALEM, N.H., Nov. 14, 2024 /PRNewswire/ -- Standex International Corporation (NYSE:SXI) today announced that it has acquired Michigan-based Custom Biogenic Systems ("CBS") for approximately $6.2 million in cash. The transaction is being financed from Standex's existing cash balance. In its first year of ownership, the Company expects the acquisition to be accretive to its earnings. CBS will be reported as part of Standex's Scientific business segment."We are pleased to have acquired Custom Biogenic Systems, ...
Standex(SXI) - 2025 Q1 - Quarterly Report
2024-11-01 12:11
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 September 30, 2024 ☐ 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. ...