Standex International (SXI) Misses Q3 EPS by 9c, Revenue Beats

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Go back to Standex International (SXI) Misses Q3 EPS by 9c, Revenue Beats

Standex Reports Third-Quarter 2018 Financial Results

May 1, 2018 8:41 AM EDT

Achieves 17.3% Sales Increase and 5.7% Organic Sales Increase

GAAP Operating Income Increases 69.0% and Non-GAAP Operating Income Grows 22.6%

GAAP EPS Increases 67% and Non-GAAP EPS Increases 13.3%

SALEM, N.H.--(BUSINESS WIRE)-- Standex International Corporation (NYSE: SXI) today reported financial results for its fiscal year 2018 third quarter ended March 31, 2018.

Third-Quarter Fiscal 2018 Results

Net sales increased 17.3% year over year to $216.7 million with organic sales up 5.7%. Acquisitions contributed 8.5% to growth and foreign exchange had a positive effect of 3.1%. Net income from continuing... More