secwatch.observer — SEC 8-K summary
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Issuer:     IDEX CORP /DE/ (IEX)
CIK:        0000832101
Form:       8-K
Filed at:   2021-07-28T23:59:59+00:00
Accession:  0000832101-21-000050
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IDEX reports record Q2 sales and orders; raises full-year adjusted EPS guidance
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- Record orders $751.0M (+44% overall, +39% organic) and record sales $685.9M (+22% overall, +17% organic).
- Reported EPS $1.34; adjusted EPS $1.61, up 46.4% YoY. Adjusted operating margin 24.4% (+330 bps).
- Full-year adjusted EPS guidance raised to $6.26-$6.36 from $6.05-$6.20; Q3 adjusted EPS seen $1.57-$1.61.
- Closed Airtech acquisition for ~$469M; refinanced $350M 4.2% notes to $500M 2.625% notes due 2031.
- Terminated U.S. pension plan, recognizing $9.7M noncash loss; quarterly dividend raised 8% to $0.54.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/832101/000083210121000050/0000832101-21-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/832101/000083210121000050/iex-20210727.htm
  HTML page:      https://secwatch.observer/filing/0000832101-21-000050

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer