Standex International (SXI) Tops Q1 EPS by 17c

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Go back to Standex International (SXI) Tops Q1 EPS by 17c

Standex Reports First-Quarter 2018 Financial Results

November 1, 2017 8:30 AM EDT

Achieves 19.4% Sales Increase and 5.8% Organic Growth
Broad-Based Organic Sales Growth Across all Five Business Segments
GAAP Operating Income Increases 1.9% and Non-GAAP Operating Income Grows 20.8%
GAAP EPS Down 1.8% while Non-GAAP EPS Increases 18.4%

SALEM, N.H.--(BUSINESS WIRE)-- Standex International Corporation (NYSE: SXI) today reported financial results for the first quarter fiscal year 2018.

First-Quarter Fiscal 2018 Results

Net sales increased 19.4% year over year to $214.4 million with organic sales up 5.8%. Acquisitions contributed a positive 12.7% to growth and foreign exchange had a positive effect... More