secwatch.observer — SEC 8-K summary
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Issuer:     STANDEX INTERNATIONAL CORP/DE/ (SXI)
CIK:        0000310354
Form:       8-K
Filed at:   2023-08-04T23:59:59+00:00
Accession:  0001437749-23-022115
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Standex reports record Q4 adjusted operating margin and EPS; FY2024 guided high single-digit sales growth
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- GAAP EPS $1.68, adjusted EPS $1.76; revenue $188.3M (+1.9% YoY) with 7.8% organic growth.
- Record adjusted operating margin 15.4%, up 150 bps YoY; ninth consecutive quarter of record margin.
- Fast growth market sales ~$24M (+67% YoY); Minntronix acquisition expands electronics into 5G/smart grid.
- FY2024 outlook: high single-digit sales growth, continued margin expansion; fast growth sales expected >$100M.
- Free cash flow $32.8M (+74.8% YoY); net cash $22.3M; quarterly dividend raised 7.7% to $0.28/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/310354/000143774923022115/0001437749-23-022115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/310354/000143774923022115/sxi20230804_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-022115

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