Standex(US:SXI)2025-05-01 20:34Financial Performance - Sales increased by 17.2% in Q3 FY25, driven by acquisitions, but partially offset by organic decline[6, 14] - Adjusted gross margin reached a record 42.3% in Q3 FY25, up 230 bps year-over-year[6, 38] - Adjusted operating margin also hit a record 19.4% in Q3 FY25, an increase of 280 bps year-over-year[6, 38] - Adjusted EPS was $1.95[14, 38] Segment Performance - Electronics segment sales increased 38.4% year-over-year, with acquisitions contributing significantly[16, 41] - Engraving segment revenue decreased by 15.7% year-over-year[19, 41] - Scientific segment revenue increased by 8.1% year-over-year[20, 41] - Engineering Technologies segment revenue increased by 36.2% year-over-year[27, 41] Acquisitions and Expansion - Amran/Narayan Group sales exceeded $33 million with a book-to-bill ratio of 1.04[6, 18] - McStarlite acquisition expands the addressable market by over $300 million[8] Outlook - Expect slightly to moderately higher revenue in Q4 FY25, driven by acquisitions and growth in fast-growing markets[6] - New products are expected to contribute over 200 bps of incremental growth in FY25[6, 38]