earnings
confidence high
sentiment neutral
materiality 0.70
Standex Q3 sales up 17.2% to $207.8M; adjusted op margin 19.4% record; acquired McStarlite
STANDEX INTERNATIONAL CORP/DE/
2025-Q3 EPS
reported $3.41
vs consensus $1.93
▲ beat
(+77.1%)
- GAAP EPS $1.81, adjusted EPS $1.95; record adjusted gross margin 42.3% (+230 bps YoY), adjusted op margin 19.4% (+280 bps).
- Electronics revenue $111.3M (+38.4% YoY) driven by Amran/Narayan acquisition; organic bookings up >10% YoY, book-to-bill 0.98.
- Acquired McStarlite (aerospace sheet metal) in early Feb; Engineering Tech revenue +36.2% YoY with McStarlite contribution.
- Fast growth market sales $60.4M (29% of total); reaffirmed FY2028 target of $340M+.
- Dividend raised 6.7% to $0.32/share; net debt $470.4M; free cash flow $3.5M vs $19.3M prior year due to acquisition spend.