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Sep 30, 2020
IDEX Q3 2020 Earnings Report
IDEX reported third quarter results with sales of $581.1 million and adjusted EPS of $1.40.
Key Takeaways
IDEX Corporation announced its financial results for the three month period ended September 30, 2020. Sales were $581.1 million, down 7 percent compared with the prior year period. Adjusted EPS was $1.40.
Cash from operations of $153.7 million led to quarterly free cash flow of $135.3 million
Operating margin of 22.6%; adjusted operating margin of 23.1%
EPS of $1.37; adjusted EPS of $1.40
Adjusted EBITDA margin of 26.9%
IDEX
IDEX
IDEX Revenue by Segment
Forward Guidance
The company expects fourth quarter organic sales to continue to improve sequentially and be down approximately 3 to 5 percent versus prior year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income