Standex International (SXI) Tops Q4 EPS by 1c, Revenues Miss
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Standex Reports Fourth-Quarter 2018 Financial Results
August 28, 2018 8:26 AM EDTAchieves 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