secwatch.observer — SEC 8-K summary
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Issuer:     STANDEX INTERNATIONAL CORP/DE/ (SXI)
CIK:        0000310354
Form:       8-K
Filed at:   2021-08-16T23:59:59+00:00
Accession:  0001437749-21-020113
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Standex Q4 sales $176.4M (+26.6% YoY), adj. EPS $1.40 (+115.4%), record op margin 13.3%
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- Net sales $176.4M (+26.6% YoY); GAAP diluted EPS $1.18, adjusted EPS $1.40 (both >100% YoY gain).
- Adjusted operating margin 13.3% (record high), +460 bps YoY; Electronics revenue up 62.7% to $72.8M.
- Free cash flow $26.4M (+35.5%); net debt/EBITDA 0.57x; $245M liquidity; quarterly dividend raised 9% to $0.24.
- FQ1 2022 outlook: slight sequential revenue dip but similar margin; FY 2022 capex $25-30M vs $21.5M in FY 2021.
- CEO cited broad-based demand in EVs, renewables, smart grid; Specialty work stoppage resolved, moderate Q4 impact.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/310354/000143774921020113/0001437749-21-020113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/310354/000143774921020113/sxi20210816_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-020113

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