secwatch.observer — SEC 8-K summary
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Issuer:     IDEX CORP /DE/ (IEX)
CIK:        0000832101
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0000832101-23-000047
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IDEX Q3 adjusted EPS $2.12, revenue $793M; raises FY EPS guidance to $8.13-$8.18
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- Q3 net sales $793.4M, down 4% (-6% organic); diluted GAAP EPS $2.75, up 17% YoY.
- Adjusted diluted EPS $2.12, down 1% YoY; adjusted EBITDA margin 28.4%, down 30 bps.
- Raises FY 2023 GAAP EPS guidance to $7.91-$7.96 and adjusted EPS to $8.13-$8.18.
- Record free cash flow $207M, up 14% YoY; operating cash flow $227M.
- Completed sale of Micropump for $110M cash, pre-tax gain $93.8M; repaid $150M debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/832101/000083210123000047/0000832101-23-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/832101/000083210123000047/iex-20231025.htm
  HTML page:      https://secwatch.observer/filing/0000832101-23-000047

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