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. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.33%. A quarter ago, it was expected that this equipment manufacturing company would post earnings of $1.67 per share when it actually produced earnings of $1.75, delivering a surprise of 4.79%. Over the las ...

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. The dividend is payable August 23, 2024, to shareholders of record on August 9, 2024. About Standex SOURCE Standex International Corporation The dividend is the Company's 240th consecutive quarterly cash dividend. Standex has paid dividends each quarter since it became a pub ...

On the call, David Dunbar, President & CEO, and Ademir Sarcevic, CFO & Treasurer, will review the Company's fourth quarter financial results, business highlights and outlook. About Standex Standex International Corporation is a global multi-industry manufacturer in five broad business segments: Electronics, Engraving, Scientific, Engineering Technologies and Specialty Solutions with operations in the United States, Europe, Canada, Japan, Singapore, Mexico, Turkey, India and China. For additional information ...

About Standex SOURCE Standex International Corporation Interested parties may access the Company's presentation on the Investor Relations section of Standex's website under the subheading, Events and Presentations, located on the Company's website standex.com. 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 ...

Exhibit 99 NEWS RELEASE STANDEX INTERNATIONAL CORPORATION ■ SALEM, NH 03079 ■ TEL (603) 893-9701 ■ WEB www.standex.com STANDEX REPORTS FISCAL THIRD QUARTER 2024 FINANCIAL RESULTS SALEM, NH – May 2, 2024 – Standex International Corporation (NYSE: SXI) today reported financial results for the third quarter of fiscal year 2024 ended March 31, 2024. | Summary Financial Results - Total | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | ($M except EPS and Dividends) | | 3Q24 | | 3Q23 | | ...

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, 2024 ☐ 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 ...

Standex International Corporation (NYSE:SXI) Q3 2024 Earnings Conference Call May 3, 2024 8:30 AM ET Company Participants Christopher Howe - IR David Dunbar - President, CEO Ademir Sarcevic - VP, CFO, Treasurer Conference Call Participants Chris Moore - CJS Securities Mike Legg - Benchmark Company Mike Shlisky - D.A. Davidson & Co. Gary Prestopino - Barrington Research Operator Good morning, ladies and gentlemen, and welcome to the Standex Fiscal Third Quarter 2024 Financial Results Conference Call. [Operat ...

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 December 31, 2023 ☐ 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.) ...

Financial Data and Key Metrics Changes - Total revenue decreased approximately 5% year-on-year to $178.4 million, reflecting an organic revenue decline of 7.4% [29] - Adjusted operating margin increased 90 basis points year-on-year to a record 16.1%, marking the 11th consecutive quarter of record adjusted operating margin [30] - Adjusted earnings per share were $1.78, a 2.3% growth year-on-year compared to $1.74 [31] - Free cash flow was $19.5 million in Q2 2024, down from $24 million a year ago, but year-to-date free cash flow of $31.6 million represents a record first half cash generation [32] Business Line Data and Key Metrics Changes - Electronics segment revenue increased 9.5% year-on-year to $79.4 million, driven by a 14.7% benefit from the Minntronix acquisition [33] - Engraving revenue increased 8.4% to $40.8 million, with an operating margin of 21.8%, up 490 basis points year-on-year [36] - Engineering technologies revenue decreased 17.8% year-on-year to $19.9 million due to project timing, with an operating margin of 17.1%, up 160 basis points [39][42] - Specialty solutions segment revenue decreased 35.5% year-on-year to $22 million, primarily due to divestiture and organic decline in the hydraulics business [43] Market Data and Key Metrics Changes - Sales into fast growth end markets grew 14% year-on-year to $21 million, with a long-term target of $200 million in sales by fiscal year 2028 [9] - The company expects market conditions to improve in fiscal Q4 2024, particularly in the electronics and specialty segments [16] Company Strategy and Development Direction - The company aims for high single-digit organic growth to exceed $1 billion in sales by fiscal year 2028, with adjusted operating margin greater than 19% and return on invested capital greater than 15% [17][41] - The focus remains on operational improvements, new product development, and penetrating fast-growing markets [27][49] Management's Comments on Operating Environment and Future Outlook - Management anticipates a recovery in market conditions in fiscal Q4 2024, with expectations for higher sales and improved operating margins [16] - The company is confident in its ability to increase market share in fast growth end markets such as industrial automation and renewable energy [34] Other Important Information - Standex ended Q2 2024 with $347 million of available liquidity and net debt of $6.2 million, down from $21.7 million at the end of the previous quarter [45] - The company repurchased approximately 33,500 shares for $4.5 million and declared a quarterly cash dividend of $0.30 per share, a 7.1% increase year-on-year [46] Q&A Session Summary Question: What indicators are being monitored for demand recovery in electronics? - Management noted that orders on bare switches through distribution channels are a leading indicator, with recent trends showing an uptick in orders, particularly in the appliance market [54][55] Question: What is the expected contribution from the Sanyu acquisition? - The acquisition is expected to close shortly, with guidance slightly assuming no Sanyu revenue, and moderately assuming a month of revenue contribution [73] Question: How does the company plan to achieve the 19% operating margin goal by 2028? - Management indicated that fast growth markets will contribute significantly to sales, and a modest growth on the base business will help achieve the margin target [66][68] Question: What is the outlook for the EV sector? - The company has a strong presence in high-voltage EVs, with continued growth expected, particularly in the higher-end vehicles [69] Question: What is the impact of the Chinese New Year on engraving sales? - The slowdown in engraving sales is attributed to the seasonal impact of the Chinese New Year, which affects project timing [98]

UPDATED LONGER-TERM TARGETS (by FY28) | --- | --- | |-------------------------|------------------------------------------| | | | | Sales | > $1B (High-single-digit organic growth) | | Adj. Operating Margin * | > 19% | | FCF Conversion | ~100% GAAP Net Income | | ROIC ** | > 15% | | --- | --- | |-------|-------------------------------------------------------------------------------------------------------------------| | | | | • | Continue to execute the same strategy | | • | Continue to strengthen our standa ...