earnings
confidence high
sentiment positive
materiality 0.75
Standex Q2 adj. EPS $1.45, revenue $185.7M (+18.8% YoY) beat expectations
STANDEX INTERNATIONAL CORP/DE/
2022-Q2 EPS reported
$2.54
revenue$361,319,000
- Consolidated organic revenue growth ~20% YoY; record sales at Electronics ($76.6M, +27.4%) and Scientific ($24.6M, +37.7%).
- GAAP operating margin 11.7% (+100 bps YoY); adjusted operating margin 13.6% (+220 bps YoY).
- Adjusted diluted EPS $1.45 vs $1.05; GAAP EPS $1.24.
- Dividend raised 8.3% to $0.26 per share, payable Feb 25, 2022.
- Net debt to adjusted EBITDA 0.42x; free cash flow $18.9M, up 11.6% YoY.