Standex Reports Fiscal Third Quarter 2021 Financial Results
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Standex International (SXI) Tops Q3 EPS by 13c, Revenues Beat
May 6, 2021 4:28 PM EDTStandex International (NYSE: SXI) reported Q3 EPS of $1.19, $0.13 better than the analyst estimate of $1.06. Revenue for the quarter came in at $172.2 million versus the consensus estimate of $162.65 million.
Commenting on the quarter's results, President and Chief Executive Officer David Dunbar said, "We are very pleased with our third quarter results which were ahead of our expectations as our Electronics, Scientific and Specialty Solutions segments all reported strong sequential growth. These demand trends were complemented by ongoing productivity and efficiency initiatives and strengthening of our financial flexibility supported by our consistent free cash flow... More
