Standex Reports First Quarter 2020 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/17/2026
- Generac strikes $8B supply deal with Amazon for data center power
- Wall St ends lower after Fed hikes interest rates, sees more tightening ahead
- Paradium AI (PAAI) Halted, News Pending
- Shipping stocks on fire — but cracks are forming in the rate rally
- JPMorgan Fed scenario analysis: 5 paths for the S&P 500 today
Standex International (SXI) Tops Q1 EPS by 3c
November 5, 2019 4:21 PM ESTStandex International (NYSE: SXI) reported Q1 EPS of $0.97, $0.03 better than the analyst estimate of $0.94. Revenue for the quarter came in at $196.4 million versus the consensus estimate of $196.56 million.
"First quarter results were in line with our previously communicated expectations. Performance in Engineering Technologies, Hydraulics and Scientific remained strong. The Engraving segment reported a significant sequential margin increase from the previous quarter on a modest sales gain. Macro-economic headwinds continued to impact results, particularly in the Electronics segment. Our cost restructuring efforts are on plan and we continue to identify additional productivity initiatives that... More
