IDEX Corp. (IEX) Tops Q2 EPS by 27c

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Go back to IDEX Corp. (IEX) Tops Q2 EPS by 27c

IDEX Reports Second Quarter Results

July 23, 2020 4:15 PM EDT

LAKE FOREST, Ill.--(BUSINESS WIRE)-- IDEX Corporation (NYSE: IEX) today announced its financial results for the three month period ended June 30, 2020.

Second Quarter 2020 Highlights

Cash from operations of $169.5 million led to record quarterly FCF of $161.1 million Completed a public offering of $500 million 3.0% Senior Notes Operating margin of 19.7%; adjusted operating margin of 21.1% Adjusted EBITDA margin of 25.1%

Second Quarter 2020

Orders of $521.9 million were down 17 percent compared with the prior year period (-18 percent... More