SXI Stock Recent News

SALEM, N.H. , Sept. 10, 2024 /PRNewswire/ -- Standex International Corporation (NYSE:SXI) announced today that David Dunbar, President & CEO, will be participating in the D.A.

Standex International Corporation (NYSE:SXI ) Q4 2024 Earnings Conference Call August 2, 2024 8:30 AM ET Company Participants Christopher Howe - IR David Dunbar - President and CEO Ademir Sarcevic - CFO and Treasurer Conference Call Participants Michael Legg - Benchmark Chris Moore - CJS Securities Mike Shlisky - D.A. Davidson Gary Prestopino - Barrington Research Ross Sparenblek - William Blair Operator Good morning, ladies and gentlemen, and welcome to the Standex International Fiscal Fourth Quarter 2024 Financial Results Conference Call.

Standex International (SXI) came out with quarterly earnings of $1.76 per share, beating the Zacks Consensus Estimate of $1.72 per share. This compares to earnings of $1.76 per share a year ago.

In Q4 FY24, Sales Declined 4.3% with Contributions from Acquisitions and Fast Growth Markets Partially Offsetting Organic Decline; Fast Growth Market Sales Increased ~13% YOY to $27 Million Q4 FY24 GAAP Operating Margin of 15.1%; Adjusted Operating Margin of 16.0%, Up 60 bps Sequentially and YOY Record Profit and Cash Generation in FY24: GAAP Gross Margin of 39.1%; Adjusted Gross Margin of 39.4%, up 90 bps YOY GAAP Operating Margin of 14.1%; Adjusted Operating Margin of 15.8%, up 60 bps YOY Free Cash Flow Generation of $73 Million Continued Investments to Support Growth; R&D Spend Increased $3.3 Million to 2.8% of Sales in FY24 In FY25, Plan to Release Over a Dozen New Products, At Least One in Every Business, Contributing Over 100 bps of Growth; Fast Growth Market Sales Expected to Grow >20% and Exceed $110 million Continued Improvement in General Market Conditions Expected to Lead to Healthier Backdrop for Growth in 2H FY25 SALEM, N.H. , Aug. 1, 2024 /PRNewswire/ -- Standex Internati

SALEM, N.H. , July 26, 2024 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) today announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per share, an approximately 7.1% year-on-year increase.

SALEM, N.H. , July 26, 2024 /PRNewswire/ --  Standex International Corporation (NYSE: SXI) will announce its fourth quarter fiscal 2024 financial results on Thursday, August 1, 2024 after the close of the market and will broadcast its conference call live over the Internet at 8:30 a.m.

SALEM, N.H. , June 25, 2024 /PRNewswire/ -- Standex International Corporation (NYSE:SXI) announced today that David Dunbar, President & CEO, will be presenting at the CJS Securities 24th Annual New Ideas Summer Conference in White Plains, New York, on Wednesday, July 10, 2024.

Standex International (SXI) came out with quarterly earnings of $1.75 per share, beating the Zacks Consensus Estimate of $1.67 per share. This compares to earnings of $1.65 per share a year ago.

SALEM, N.H., April 26, 2024 /PRNewswire/ -- Standex International Corporation  (NYSE: SXI) will announce its third quarter fiscal 2024 financial results on Thursday, May 2, 2024 after the close of the market and will broadcast its conference call live over the Internet at 8:30 a.m.

Standex International Corporation reports better-than-expected EPS and announces new acquisitions and restructuring efforts for 2024 and 2025. The company is positioned for growth in renewable energy and electric vehicles, with a solid balance sheet and little debt. Tariffs and competition are risks, but the stock price shows upside potential.