earnings
confidence high
sentiment positive
materiality 0.75
Standex Q4 adj. EPS $1.76 flat YoY; FY24 record adj. operating margin 15.8%
STANDEX INTERNATIONAL CORP/DE/
2024-FY EPS reported
$6.14
revenue$720,635,000
- Q4 net sales $180.2M (-4.3% YoY); GAAP EPS $1.66; adjusted EPS $1.76 (flat YoY).
- Adjusted operating margin 16.0%, up 60bps sequentially and YoY; FY24 adjusted gross margin 39.4% (+90bps).
- Fast growth market sales $27M in Q4 (+13% YoY); FY24 $94M; FY25 target >$110M (>20% growth).
- Dividend raised 7.1% to $0.30/share; FY25 capex guidance $35-40M; net cash position $5.3M.
- Segment: Electronics sales flat (organic -12.3%), Engraving -22.8%, Engineering Tech +15.7%.