---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-030329"
form_type: "8-K"
ticker: "SXI"
cik: "0000310354"
company_name: "STANDEX INTERNATIONAL CORP/DE/"
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T21:35:38.965041+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Standex reports Q1 FY24 adjusted EPS $1.74 (+8.7% YoY); record gross margin 39.5%

## Summary
- Revenue $184.8M (+2.3% YoY); organic growth 2.5%; record adjusted gross margin 39.5%.
- Record adjusted operating margin 15.9% (+90 bps YoY); 10th consecutive quarter of record level.
- Signed agreement to acquire Japan-based Sanyu Switch Co.; expected close Jan 31, 2024.
- Free cash flow $12.1M (record for fiscal Q1); dividend raised to $0.30/share (+7.1%).
- Electronics segment revenue up 8.6% on Minntronix acquisition; Engraving organic growth 15.5%.

## SEC filing metadata
- accession: 0001437749-23-030329
- form_type: 8-K
- ticker: SXI
- cik: 0000310354
- company_name: STANDEX INTERNATIONAL CORP/DE/
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/310354/000143774923030329/0001437749-23-030329-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/310354/000143774923030329/sxi20231102_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-030329
- JSON: https://secwatch.observer/filing/0001437749-23-030329.json
- Plain text: https://secwatch.observer/filing/0001437749-23-030329.txt

## Key facts
- Earnings Releases
  STANDEX INTERNATIONAL CORP/DE/ reported first quarter ended September 30, 2023 results: revenue $184.8, net income $18.9, EPS $1.58.
  - Period: first quarter ended September 30, 2023
  - Revenue: $184.8
  - Net income: $18.9
  - EPS: $1.58
  - Result: reported results
  source text: results for the first quarter of fiscal year 2024 ended September 30, 2023. Summary Financial Results - Total ($M except EPS and Dividends) 1Q24 1Q23 4Q23 Y/Y Q/Q Net Sales $184.8 $180.6 $188.3 2.3% -1.9% Operating Income - GAAP $26.9 $26.3 $28.5 2.4% -5.5% Operating Income - Adjusted $29.4 $27.2 $29.1 8.2% 1.2% Operating Margin % - GAAP 14.6% 14.6% 15.1% 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/310354/000143774923030329/0001437749-23-030329-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.