secwatch.observer — SEC 8-K summary
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Issuer:     IDEX CORP /DE/ (IEX)
CIK:        0000832101
Form:       8-K
Filed at:   2022-10-26T23:59:59+00:00
Accession:  0000832101-22-000054
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IDEX Q3 record EPS $2.36 (adjusted $2.14), sales $824M +16%, raises FY guidance
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- Record Q3 sales $824M (+16% overall, +15% organic YoY); operating margin 24.5% (adj. 24.9%).
- Record EPS $2.36 (adj. $2.14), up 56%/20% YoY; cash from ops $198M, free cash flow $182M.
- FY2022 guidance raised: GAAP EPS $7.75–$7.80, adj. EPS $8.04–$8.09; organic sales growth ~12%.
- Acquired Muon Group for €700M (closing expected Q4 2022); completed sale of Knight for $49.4M.
- Exited COVID-19 testing application: $16.8M impairment, $17.9M deferred revenue acceleration (net $1.1M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/832101/000083210122000054/0000832101-22-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/832101/000083210122000054/iex-20221025.htm
  HTML page:      https://secwatch.observer/filing/0000832101-22-000054

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