Standex(US:SXI)2025-10-31 12:30Financial Performance - Sales increased by 27.6% to $217.4 million compared to Q1 FY25[6, 12] - Adjusted operating margin increased by 210 bps YOY to 19.1%[6, 12] - Adjusted gross margin increased by 90 bps YOY to 42%[6] - Adjusted net income from continuing operations increased 9.9% to $24 million[12] Sales Growth & Outlook - New product sales grew over 35% to approximately $14.5 million[6] - Fast growth markets contributed approximately 30% of total sales[6] - The company is raising FY26 sales outlook, now expecting revenue to grow by over $110 million, compared to the prior expectation of over $100 million[6] - Expect sales from fast growth markets to now grow over 45% YOY to over $270 million[6] Segment Performance - Electronics segment revenue increased by 42.2% YOY to $110.6 million[14, 35] - Engineering Technologies segment revenue increased by 45.6% YOY to $29.9 million[16, 35] - Scientific segment revenue increased by 9.9% YOY to $19.5 million[16, 35]