Standex Announces New Management Appointments To Further Drive Growth Strategy

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Standex International (SXI) Tops Q4 EPS by 9c

August 12, 2021 4:11 PM EDT

Standex International (NYSE: SXI) reported Q4 EPS of $1.40, $0.09 better than the analyst estimate of $1.31. Revenue for the quarter came in at $176.4 million versus the consensus estimate of $173.58 million.

"The transformation of our portfolio around businesses with attractive growth and margin profiles, as well as strong customer value propositions, was evident in the quarter on several fronts. From a revenue perspective, four of our five segments reported year-over-year growth led by the Electronics and Scientific segments. Total company backlog realizable in under one year increased approximately 19% compared to fiscal third quarter 2021.\"

\"Our deep technical and... More