secwatch.observer — SEC 8-K summary
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Issuer:     IDEX CORP /DE/ (IEX)
CIK:        0000832101
Form:       8-K
Filed at:   2022-04-27T23:59:59+00:00
Accession:  0000832101-22-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IDEX reports record Q1 EPS $1.83 (adj. $1.96); sales $751M +15% YoY
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- Record reported EPS $1.83, up 24% YoY; adjusted EPS $1.96, up 21% vs. Q1 2021.
- Record sales $751M, +15% overall (+12% organic); orders $856M, +20% (+16% organic).
- Operating margin 25.0% (+110bps); adjusted EBITDA margin 28.6% (+90bps).
- Completed Nexsight acquisition ($114.7M) on Feb 28; announced KZValve deal ($120M), expected close Q2 2022.
- FY 2022 guidance: organic sales growth 6-8%; adjusted EPS $7.50-$7.63. Q2: adj. EPS $1.85-$1.90.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/832101/000083210122000014/0000832101-22-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/832101/000083210122000014/iex-20220426.htm
  HTML page:      https://secwatch.observer/filing/0000832101-22-000014

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