Standex International (SXI) Tops Q4 EPS by 1c, Revenues Miss

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Go back to Standex International (SXI) Tops Q4 EPS by 1c, Revenues Miss

Standex Reports Fourth-Quarter 2018 Financial Results

August 28, 2018 8:26 AM EDT

Achieves 4.8% Sales Increase and 1.2% Organic Increase

GAAP Operating Income Increases 28.2% and Non-GAAP Operating Income Grows 11.0%

GAAP EPS Decreases 10.8% and Non-GAAP EPS Increases 14.3%

SALEM, N.H.--(BUSINESS WIRE)-- Standex International Corporation (NYSE: SXI) today reported financial results for its fourth quarter and full fiscal year 2018 ended June 30, 2018.

Fourth-Quarter Fiscal 2018 Results

Net sales increased 4.8% year-over-year to $227.5 million with total organic sales up 1.2%. Acquisitions contributed 1.8% to growth and foreign exchange had a positive effect of 1.8%. Net income from continuing operations was $12.6... More