IDEX Q2 record sales $865M (+7%); cuts FY adjusted EPS guidance to $7.85-$7.95

IDEX CORP /DE/

2025-Q2 EPS reported $3.00 revenue$1,679,700,000

Q2 reported diluted EPS $1.74 (-6% YoY); adjusted EPS $2.07 (flat YoY), beating expectations.
Organic sales growth 1%; orders +7% reported (+2% organic); full-year organic growth forecast ~1%.
Guidance cut: FY 2025 adjusted EPS now $7.85-$7.95 (from $8.10-$8.45); Q3 adjusted EPS $1.90-$1.95.
Acquired Micro-LAM for ~$90M cash plus up to $12M earnout; complements optics technologies in HST.
Repurchased $50M in shares in May; repaid $100M 3.37% Senior Notes in June.

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