Standex International (SXI) Tops Q1 EPS by 5c

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Go back to Standex International (SXI) Tops Q1 EPS by 5c

STANDEX REPORTS FISCAL FIRST QUARTER 2023 FINANCIAL RESULTS

November 3, 2022 4:26 PM EDT

GAAP Operating Margin of 14.6% and Record Adjusted Operating Margin of 15.0%, up 110 bps sequentially and 160 bps year on year; Sixth Consecutive Quarter of Record Adjusted Operating Margin 7.3% Organic Revenue Growth Year on Year, Led by Specialty and Engraving Segments Fast Growth Market Sales Increased ~30% Year on Year to ~$17 Million; Fast Growth Market Sales in Fiscal 2023 Expected to Increase ~35% Versus Prior Year Expect to Build on Momentum with Continued Improvement in Key Financial Metrics in Fiscal 2023

SALEM, N.H., Nov. 4, 2022 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) today reported financial... More