Standex International (SXI) Tops Q3 EPS by 6c
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STANDEX REPORTS FISCAL THIRD QUARTER 2022 FINANCIAL RESULTS
May 5, 2022 4:15 PM EDTOrder Strength, Share Gains, and Productivity Initiatives Contributed to Solid Financial Performance Increased GAAP Operating Margin By 960 Basis Points and Adjusted Operating Margin By 160 Basis Points Year-Over-Year. Continued strong execution in challenging inflationary and supply chain environment Implementing Additional $2 Million of Annualized Cost Saving Actions at the Engraving SegmentAnnounced New $100 Million Share Repurchase Authorization Supported by Strong Balance Sheet and Liquidity PositionRecent Sensor Solutions Acquisition Already Realizing Sales Synergies
SALEM, N.H., May 5, 2022 /PRNewswire/ --Â Standex International Corporation (NYSE: SXI) today reported financial... More
