Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Standex International Corporation regarding possible breaches of fiduciary duties by its board of directors [1]. Group 1: Investigation Details - The investigation is focused on whether the board of directors of Standex International Corporation has acted in a manner that breaches their fiduciary responsibilities to the company [1]. - Stockholders of Standex are encouraged to reach out if they have information or questions regarding the claims [2]. Group 2: Law Firm Background - Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California, representing both individual and institutional investors in various types of litigation [3]. - The firm handles complex litigation in state and federal courts across the country [3].

Financial Performance - Net sales for Q3 FY2025 reached $207.8 million, a 17.2% increase year-over-year and a 9.5% increase quarter-over-quarter[3] - Adjusted operating income was $40.3 million, reflecting a 37.3% increase year-over-year and a 13.8% increase quarter-over-quarter[3] - The company achieved a record adjusted gross margin of 42.3%, up 140 basis points sequentially and 230 basis points year-over-year[5] - Net income from continuing operations for the fiscal third quarter of 2025 was $22.8 million, up 42.5% from $15.9 million in the same quarter of 2024[31] - GAAP diluted EPS increased by 35.4% year-over-year to $1.81, while adjusted diluted EPS rose by 3.7% to $1.95[3] - Diluted earnings per share from net income attributable to Standex reported at $1.81 for Q3 2025, a 34.4% increase from $1.35 in Q3 2024[42] - Adjusted diluted earnings per share increased by 3.6% to $1.95 in Q3 2025 compared to $1.88 in Q3 2024[42] - For the nine months ended March 31, 2025, diluted earnings per share from net income attributable to Standex decreased by 24.8% to $3.41 from $4.54 in the same period of 2024[42] Segment Performance - Fast growth market sales totaled $60.4 million, accounting for approximately 29% of total sales, on track to meet the fiscal year target of $170 million[4] - The Electronics segment reported revenue of $111.3 million, a 38.4% increase year-over-year, with a book-to-bill ratio of 0.98 indicating market stability[8] - The electronics segment saw a significant increase in net sales, rising by 17.2% to $284,939,000 for the nine months ended March 31, 2025, compared to $241,538,000 in 2024[38] - The acquisition of McStarlite is expected to be accretive to earnings in the first year and contributed to a 36.2% revenue increase in the Engineering Technologies segment[16] Cash Flow and Debt - Free cash flow decreased by 81.9% year-over-year to $3.5 million, reflecting a significant decline from $19.3 million in Q3 FY2024[3] - Net cash provided by continuing operating activities for the three months ended March 31, 2025, was $9.6 million, down from $24.4 million in the prior year's quarter[23] - The Company had net (cash) debt of $470.4 million as of March 31, 2025, compared to $10.0 million at the end of the fiscal third quarter of 2024[23] - Funded debt to EBITDA ratio increased to 2.8x, reflecting a 366.7% increase year-over-year, indicating a significant rise in leverage[3] - Interest expense for the fiscal third quarter of 2025 was $8.4 million, significantly higher than $0.9 million in the same quarter of 2024[31] - The Company expects interest expense to be approximately $9 million in the fiscal fourth quarter of 2025[23] Capital Expenditures and Investments - Capital expenditures in the fiscal third quarter of 2025 were $6.1 million, up from $5.2 million in the same quarter of 2024, with expectations for total capital expenditures in fiscal year 2025 to be between $25 million and $30 million[23] - The company incurred $477,381,000 in expenditures for acquisitions during the nine months ended March 31, 2025, compared to $47,696,000 in 2024[36] - The company reported a net cash used in investing activities of $493,343,000 for the nine months ended March 31, 2025, compared to $53,957,000 in 2024[36] Other Financial Metrics - Gross profit for the fiscal third quarter of 2025 was $82.4 million, compared to $68.3 million in the prior year, reflecting a gross margin improvement[31] - Average diluted shares outstanding increased to 12.1 million in the fiscal third quarter of 2025 from 11.8 million in the same quarter of 2024[31] - Adjusted income from operations for the nine months ended March 31, 2025, increased by 14.5% to $104,830,000 compared to $91,585,000 in 2024[40] - The adjusted EBITDA for the nine months ended March 31, 2025, increased by 13.3% to $119,004,000 compared to $105,076,000 in 2024[40] Restructuring and Acquisition Costs - Total restructuring charges amounted to $0.13 in Q3 2025, down from $0.26 in Q3 2024[42] - Acquisition-related costs increased significantly to $0.14 in Q3 2025 from $0.04 in Q3 2024[42] - Amortization of acquired intangible assets rose to $0.29 in Q3 2025, compared to $0.13 in Q3 2024[42] - Discrete tax items negatively impacted earnings by $(0.77) in Q3 2025, while there were no such items in Q3 2024[42] - Purchase accounting expenses increased to $0.35 in Q3 2025 from $0.05 in Q3 2024[42] Future Outlook - The company expects slightly to moderately higher revenue in Q4 FY2025, driven by recent acquisitions and higher sales into fast growth end markets[7]

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 March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-07233 STANDEX INTERNATIONAL CORPORATION (Exact name of registrant as specified in its charter) Delaware 31-0596149 (State of incorporation) (IRS Employer Identification No.) 23 ...

Financial Data and Key Metrics Changes - Total revenue increased approximately 17.2% year on year to $207.8 million, reflecting a 26.3% benefit from recent acquisitions, partially offset by an organic revenue decline of 8.1% [16][18] - Adjusted operating margin increased 280 basis points year on year to a record 19.4% [16] - Adjusted earnings per share increased 3.7% year on year to $1.95 [17] - Free cash flow for the third quarter was $3.5 million, down from $19.3 million a year ago, impacted by one-time transaction-related payments and longer customer credit terms [18] Business Line Data and Key Metrics Changes - **Electronics Segment**: Revenue increased 38.4% year on year to $111.3 million, with a 48.1% benefit from acquisitions, partially offset by an organic decline of 8.9% [19] - **Engraving Segment**: Revenue decreased 15.7% to $30.6 million, driven by an organic decline of 12.6% [21] - **Scientific Segment**: Revenue increased 8.1% to $18.3 million, due to a 16.1% benefit from recent acquisitions, partially offset by an organic decline of 8% [22] - **Engineering Technologies Segment**: Revenue increased 36.2% to $27.4 million, driven by a 26.3% benefit from recent acquisitions and organic growth of 9.9% [23] - **Specialty Solutions Segment**: Revenue decreased 13.9% year on year to $20.2 million, primarily due to general market softness [24] Market Data and Key Metrics Changes - Sales into fast growth markets increased to 29% of total company sales, primarily driven by electrical grid, commercialization of space, defense applications, and renewable energy [7][26] - Electronics organic bookings were up more than 10% year on year, with a book to bill ratio of 0.98, indicating stable markets [5][19] Company Strategy and Development Direction - The company plans to continue investing in new product development and applications across markets with growth potential, with 13 new products released year to date [26][28] - The company is expanding its footprint in Europe and the U.S. to support additional demand, with a greenfield site in Europe expected to be operational within six months [6][20] - The company anticipates achieving long-term targets of sales greater than $1.15 billion, adjusted operating margin greater than 23%, and ROIC greater than 15.5% by fiscal 2028 [28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's agility and resilience to navigate through current economic challenges, emphasizing strong customer relationships and a disciplined approach to pricing and productivity actions [11][28] - The company expects slightly to moderately higher revenue and adjusted operating margin in the fiscal fourth quarter, driven by recent acquisitions and higher sales into fast growth end markets [9][21] Other Important Information - The company declared its 243rd consecutive cash dividend of $0.32 per share, representing a 6.7% increase year on year [25] - The company has a current liquidity of approximately $170 million and net debt of $470.4 million, with a leverage ratio of 2.8 [24][25] Q&A Session Summary Question: What is the impact of tariffs on the company's operations? - Approximately 6% of the cost of goods sold is due to imports from China, split across electronics, specialty, and scientific segments [32] - The company believes it can cover about 70% of the incremental tariff with price and productivity actions in the scientific segment, while other segments are expected to manage better [34][35] Question: What are the expectations for organic growth in fiscal 2026? - Management is optimistic about organic growth in electronics, with a robust order book and expected contributions from recent acquisitions [36][38] Question: What are the plans for new product releases in fiscal 2026? - The company plans to release a similar number of new products in fiscal 2026 as in fiscal 2025, with ongoing adoption expected from products released in 2025 [75] Question: How is the company managing its leverage and potential acquisitions? - The company aims to prioritize paying down debt while also focusing on organic growth initiatives, with a current leverage ratio of about 2.8 [56][58]

Standex International (SXI) came out with quarterly earnings of $1.95 per share, beating the Zacks Consensus Estimate of $1.93 per share. This compares to earnings of $1.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.04%. A quarter ago, it was expected that this equipment manufacturing company would post earnings of $1.68 per share when it actually produced earnings of $1.91, delivering a surprise of 13.69%.Over the last ...

Third Quarter Fiscal 2025 Earnings Call Presentation May 2, 2025 SAFE HARBOR STATEMENT Statements contained in this presentation that are not based on historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of forward-looking terminology such as "should," "could," "may," "will," "expect," "believe," "estimate," "anticipate," "intends," "continue," or similar terms or variations of th ...

Sales Increased 17.2% with Contributions from Acquisitions Partially Offset by Organic Decline; Fast Growth End Markets Increased to 29% of Total Sales GAAP Gross Margin of 39.7%; Record Adjusted Gross Margin of 42.3% - Up 140 bps Sequentially and 230 bps YOY GAAP Operating Margin of 12.6%; Record Adjusted Operating Margin of 19.4% - Up 70 bps Sequentially and 280 bps YOY Electronics Book to Bill of 0.98 Indicating Market Stability; Electronics Organic Bookings up >10% YOY; Strong Amran/Narayan Group Sale ...

SALEM, N.H., April 25, 2025 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) will announce its third quarter fiscal 2025 financial results on Thursday, May 1, 2025 after the close of the market and will broadcast its conference call live over the Internet at 8:30 a.m. ET on Friday, May 2, 2025.On the call, David Dunbar, President & CEO, and Ademir Sarcevic, CFO & Treasurer, will review the Company's third quarter financial results, business highlights and outlook.Investors interested in listeni ...

Core Viewpoint - Standex International (SXI) is well-positioned to continue its earnings-beat streak in upcoming reports, having surpassed earnings estimates consistently in recent quarters [1][5]. Earnings Performance - In the last reported quarter, Standex achieved earnings of $1.91 per share, exceeding the Zacks Consensus Estimate of $1.68 per share by 13.69% [2]. - In the previous quarter, the company reported earnings of $1.71 per share against an expected $1.66 per share, resulting in a surprise of 3.01% [2]. Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Standex, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5][8]. - The current Earnings ESP for Standex is +1.14%, suggesting increased analyst optimism regarding its near-term earnings potential [8]. Statistical Insights - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7].

Core Points - Standex International Corporation declared a quarterly cash dividend of $0.32 per share, marking a year-on-year increase of approximately 6.7% [1] - This dividend represents the company's 243rd consecutive quarterly cash dividend, demonstrating a long-standing commitment to returning value to shareholders [1] - The dividend is scheduled to be payable on May 23, 2025, to shareholders of record on May 9, 2025 [1] Company Overview - Standex International Corporation operates as a global multi-industry manufacturer across five business segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions [2] - The company has a diverse operational footprint with activities in the United States, Europe, Canada, Japan, Singapore, Mexico, Turkey, India, and China [2]