secwatch.observer — SEC 8-K summary
======================================

Issuer:     STANDEX INTERNATIONAL CORP/DE/ (SXI)
CIK:        0000310354
Form:       8-K
Filed at:   2022-08-09T23:59:59+00:00
Accession:  0001437749-22-019585
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Standex Q4 adjusted operating margin record 13.9%; revenue up 4.7% YoY; expects further improvement in FY2023
--------------------------------------------------------------------------------

- GAAP operating margin 10.4%, record adjusted operating margin 13.9% (+60bps YoY); GAAP EPS $1.10, adjusted EPS $1.54.
- Net sales $184.7M (+4.7% YoY); Electronics segment record $304M in FY2022, sales more than doubled since FY2017.
- Free cash flow $18.8M in Q4; net debt to adjusted EBITDA 0.5x; $313M available liquidity.
- Dividend increased 8.3% to $0.26 per share; share repurchases of ~$10M in Q4.
- FQ1 2023 outlook: revenue and operating margin similar to FQ4 2022, with Electronics as primary driver.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/310354/000143774922019585/0001437749-22-019585-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/310354/000143774922019585/sxi20220809_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-019585

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