IDEX(IEX)
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IDEX Biometrics and TaluCard bring inclusive biometric payment solutions to market in Europe
GlobeNewswire News Room· 2024-08-14 06:15
Oslo, Norway, and London, UK - 14 August 2024 – TaluCard, in collaboration with IDEX Biometrics and a London based issuer is launching its state-of-the-art biometric payment solution. This groundbreaking initiative is set to transform payment solutions with a strong focus on accessibility and security for all users, including those with visual impairments and members of the aging community. TaluCard features fingerprint authentication and enhanced security as only the authorised, registered user can make tr ...
Idex (IEX) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-08-02 23:01
For the quarter ended June 2024, Idex (IEX) reported revenue of $807.2 million, down 4.6% over the same period last year. EPS came in at $2.06, compared to $2.18 in the year-ago quarter. The reported revenue represents a surprise of -2.84% over the Zacks Consensus Estimate of $830.77 million. With the consensus EPS estimate being $2.04, the EPS surprise was +0.98%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their nex ...
IDEX(IEX) - 2024 Q2 - Earnings Call Transcript
2024-08-01 21:22
IDEX Corporation (NYSE:IEX) Q2 2024 Earnings Conference Call August 1, 2024 10:30 AM ET Company Participants Wendy Palacios - Vice President, Investor Relations, FP&A Eric Ashleman - Chief Executive Officer & President Abhi Khandelwal - Senior Vice President & Chief Financial Officer Conference Call Participants Mike Halloran - Baird Vlad Bystricky - Citigroup Nathan Jones - Stifel Deane Dray - RBC Capital Markets Matt Summerville - D.A. Davidson Joe Giordano - Cowen Andrew Buscaglia - BNP Paribas Rob Werth ...
IDEX(IEX) - 2024 Q2 - Earnings Call Presentation
2024-08-01 18:43
| --- | --- | --- | |---------------------------------------------|-------|-------| | Click Here to Edit Title | | | | | | | | | | | | Second Quarter 2024 Earnings August 1, 2024 | | | | | | | Trusted Solutions, Improving Lives™ Cautionary Statement Click Here to Edit Title 2 Cautionary Statement Under the Private Securities Litigation Reform Act; Non-GAAP Measures This presentation contains "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. ...
IDEX(IEX) - 2024 Q2 - Quarterly Report
2024-08-01 15:59
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________ Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-10235 IDEX CORPORATION (Exact name of registrant as specified in its charter) Delaware 36-3555336 (State or oth ...
IDEX(IEX) - 2024 Q2 - Quarterly Results
2024-08-01 13:30
For further information: TRADED: NYSE (IEX) EX-99.1 Investor Contact: Wendy Palacios Vice President FP&A and Investor Relations (847) 498-7070 IDEX REPORTS SECOND QUARTER RESULTS AND UPDATES 2024 OUTLOOK Second Quarter 2024 Highlights (All comparisons are against the second quarter of 2023 unless otherwise noted) • Sales of $807 million, down 5% overall and 4% organically • Reported diluted EPS of $1.86, up 2%, and adjusted diluted EPS of $2.06, down 6%, exceeding second quarter expectations • Operating cas ...
IDEX (IEX) Q2 Earnings Top Estimates, Sales Miss, '24 View Down
ZACKS· 2024-08-01 12:35
IDEX Corporation's (IEX) second-quarter 2024 adjusted earnings of $2.06 per share surpassed the Zacks Consensus Estimate of $2.04. The bottom line decreased approximately 6% from the year-ago quarter's earnings of $2.18 per share. However, it exceeded management's projection of $2.00-$2.05 per share. Revenue Details IDEX's net sales of $807.2 million missed the Zacks Consensus Estimate of $831 million. The top line also decreased 5% year over year. Organic sales decreased 4% year over year. Foreign currency ...
Idex (IEX) Beats Q2 Earnings Estimates
ZACKS· 2024-07-31 22:46
Idex (IEX) came out with quarterly earnings of $2.06 per share, beating the Zacks Consensus Estimate of $2.04 per share. This compares to earnings of $2.18 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 0.98%. A quarter ago, it was expected that this maker of the Jaws of Life device and other engineered products would post earnings of $1.75 per share when it actually produced earnings of $1.88, delivering a surprise of 7.43% ...
IDEX (IEX) to Report Q2 Earnings: What's in the Offing?
ZACKS· 2024-07-29 17:25
IDEX Corporation (IEX) is scheduled to release second-quarter 2024 results on Jul 31, after market close. The Zacks Consensus Estimate for second-quarter earnings has remained steady in the past 60 days. The company has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average surprise being 6.3%. The consensus estimate for revenues is pegged at $830.8 million, indicating a decline of 1.8% from the year-ago quarter's reported figu ...
Here's Why You Should Retain IDEX (IEX) in Your Portfolio
ZACKS· 2024-07-16 15:06
Image Source: Zacks Investment Research Expansion Efforts: The company solidified its product portfolio and leveraged business opportunities through asset additions. Acquired assets boosted its sales by 1% in the first quarter of 2024. In December 2023, IDEX acquired advanced material science solutions provider STC Material Solutions. This acquisition expanded its expertise in material sciences and offered significant opportunities to collaborate with other IDEX-critical components businesses on comprehensi ...