Standex International (SXI) Tops Q2 EPS by 5c
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Standex Reports Second-Quarter 2017 Financial Results
February 3, 2017 8:49 AM ESTReports 4.4% Sales Decrease YOY; GAAP EPS Down 17.5% while Non-GAAP EPS is Flat
Announces Agreement to Acquire OKI Sensor Device Corp, Expanding Global Footprint and Offerings in Electronics
SALEM, N.H.--(BUSINESS WIRE)-- Standex International Corporation (NYSE: SXI) today reported financial results for the second quarter of fiscal year 2017. The Company also announced in a separate release yesterday an agreement to acquire OKI Sensor Device Corporation, a Japan-based developer and manufacturer of reed switches.
Second-Quarter Fiscal 2017 Results
Net sales decreased 4.4% to $173.9... More