Standex Earnings Reports

Standex International Corporation reported a significant increase in sales by 17.2% to $207.8 million in the third quarter of fiscal year 2025, driven by acquisitions, despite an organic decline. The company achieved record adjusted gross margin of 42.3% and record adjusted operating margin of 19.4%, reflecting solid operational performance and contributions from recent acquisitions.

Standex International Corporation reported a 6.4% increase in sales, driven by acquisitions, which was partially offset by organic decline. The company achieved a record adjusted operating margin of 18.7%, up 150 bps year-over-year, and the Electronics segment's book-to-bill ratio was 1.02, indicating continued market recovery.

Standex reported a 7.7% decrease in sales, but achieved record GAAP and adjusted gross margin of 41.1%. The company also completed the acquisition of Amran Instrument Transformers & Narayan Powertech Pvt., Ltd.

Standex reported a 4.3% decrease in sales for Q4 FY24, although acquisitions and fast growth markets partially offset organic decline. The company achieved an adjusted operating margin of 16.0%, up 60 bps sequentially and year-over-year, and generated free operating cash flow of $22.2 million, representing 112% of GAAP net income.

Standex International Corporation reported solid adjusted gross margin and record free cash flow for the third quarter of fiscal year 2024, despite experiencing softness in general market conditions. The company reaffirmed its long-term target for fast growth market sales and completed the acquisition of Sanyu Switch Company.

Standex International Corporation reported second quarter fiscal year 2024 results with a record adjusted gross margin of 40.3% and a record adjusted operating margin of 16.1%. Despite a softer top line, the company achieved growth in fast growth market sales, which increased by 14% year-on-year.

Standex International Corporation reported a strong fiscal first quarter with organic growth of 2.5%, driven by Engraving and Engineering Technologies. Fast growth market sales increased by approximately 20% year-on-year, reaching around $20 million. The company achieved a record GAAP gross margin of 39.3% and an adjusted gross margin of 39.5%.

Standex International Corporation reported strong Q4 2023 financial results, featuring 7.8% organic growth and a significant increase in fast growth market sales. The company achieved record gross and adjusted operating margins, driven by pricing and productivity initiatives. Standex anticipates continued growth and margin expansion in fiscal year 2024, supported by strategic acquisitions and a focus on fast-growth end markets.

Standex International Corporation reported strong second-quarter fiscal 2023 results, exceeding expectations with 5.5% organic revenue growth, a record gross margin of 38.5%, and a record adjusted operating margin of 15.2%. The company generated $24 million in free cash flow and announced the sale of its Procon business unit.

Standex International Corporation reported strong first quarter performance with 7.3% organic revenue growth and a record consolidated adjusted operating margin of 15.0%. Sales from fast growth markets increased 30% year-over-year to $17 million.