IDEX Q1 adjusted EPS $1.75, down 7% YoY; record orders $872M

IDEX CORP /DE/

2025-Q1 EPS reported $1.26 revenue$814,300,000

Record orders $872M (+6% reported, +1% organic); sales $814M (+2% reported, -1% organic).
GAAP diluted EPS $1.26 (down 21%); adjusted EPS $1.75 (down 7%) on higher interest and tax.
FMT sales -7% (organic -4%); HST +10% (organic -1%); FSDP +4% (organic +5%).
Full-year guidance: GAAP EPS $6.56-$6.95; adjusted $8.10-$8.45; organic sales growth 1-3%.
Additional $20M cost actions for tariff mitigation; $50M share repurchase in Feb 2025.

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