secwatch.observer — SEC 8-K summary
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Issuer:     STANDEX INTERNATIONAL CORP/DE/ (SXI)
CIK:        0000310354
Form:       8-K
Filed at:   2021-11-08T23:59:59+00:00
Accession:  0001437749-21-025628
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Standex Q1 fiscal 2022 sales up 16% to $175.6M; adjusted EPS $1.34, dividend raised 8.3%
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- Net sales $175.6M (+16.1% YoY); GAAP diluted EPS $1.30; adjusted diluted EPS $1.34 (+39.6% YoY).
- Electronics segment revenue surged 37.2% to $75.8M; operating income doubled to $18.3M on renewable energy/EV demand.
- Operating margin expanded 250 bps to 13.4% (adjusted); free cash flow $8.1M, up 82.7% YoY.
- Quarterly dividend raised 8.3% to $0.26/share; $9.5M share repurchase in Q1.
- Expect sequential revenue/margin increase in fiscal Q2 2022; backlog up 12% QoQ and 56% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/310354/000143774921025628/0001437749-21-025628-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/310354/000143774921025628/sxi20211105_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-025628

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