Welcome to our dedicated page for IDEX news (Ticker: IEX), a resource for investors and traders seeking the latest updates and insights on IDEX stock.
IDEX Corporation (NYSE: IEX) is a global engineered products company serving critical industrial, health and science, and fire and safety markets. This news page aggregates company announcements, earnings releases and other corporate updates so readers can follow how IDEX executes its strategy across its three primary segments: Health & Science Technologies, Fluid & Metering Technologies, and Fire & Safety / Diversified Products.
Visitors can review quarterly and annual financial results, where IDEX discusses segment performance, organic sales trends, acquisitions and platform optimization efforts. Earnings releases often highlight factors such as pricing, volume changes in end markets like life sciences, pharmaceuticals, aerospace and defense, semiconductors, water and fire and safety, as well as the impact of acquisitions including Mott Corporation and Micro-LAM, Inc.
The news feed also includes information on capital allocation decisions, such as regular quarterly cash dividend declarations and share repurchase authorizations, along with commentary on the company’s balanced deployment of free cash flow. Corporate governance and leadership updates, including appointments of senior executives, are disclosed through press releases and related Form 8-K filings and appear in this stream.
For investors tracking IEX stock, this page provides a centralized view of IDEX’s public communications, from webcast announcements for earnings calls to updates on its 8020 operating approach and growth platforms. Bookmark this page to access a chronological record of IDEX Corporation news and to monitor how management describes the company’s performance, portfolio evolution and role in critical industries over time.
IDEX Corporation (NYSE:IEX) will host its first quarter earnings conference call on April 27, 2022, at 9:30 a.m. CT. CEO Eric Ashleman and CFO William Grogan will discuss the company's Q1 financial performance and answer questions from investors. The call can be accessed via the company's website, along with presentation slides. An archive of the call will be available post-event, with an audio replay accessible until May 27, 2022.
IDEX, a global company with nearly $2.8 billion in sales, operates over 45 diverse businesses worldwide.
IDEX Corporation (NYSE:IEX) has successfully acquired Nexsight, LLC, enhancing its water business offerings. This acquisition includes leading brands such as Envirosight and WinCan, which improve IDEX's capabilities in wastewater infrastructure inspection and monitoring. CEO Eric Ashleman emphasized that this strategic move aims to diversify and strengthen IDEX's product solutions, aiding in early detection of wastewater issues, thereby benefiting clients and public health. IDEX's growth strategy involves investments in companies that align with its operational strengths.
IDEX Corporation (NYSE:IEX) announced the appointment of Paris Watts-Stanfield to its Board of Directors, effective February 25, 2022, increasing the board size to 11 members. Ms. Watts-Stanfield, currently CFO of Greater China at Medtronic, brings significant experience in corporate finance and audit roles. She will also serve on the Audit Committee. Leadership emphasized her global business skills and alignment with IDEX's mission to enhance value and growth.
IDEX Corporation (NYSE: IEX) reported record financial results for 2021, with reported EPS of $5.88, a 19% increase, and adjusted EPS of $6.30, up 21%. Full-year sales reached $2.8 billion, reflecting an 18% rise overall and 12% organically. The company also announced a strategic acquisition of Nexsight, LLC for $120 million. Despite strong growth projections for 2022, IDEX anticipates ongoing challenges from supply chain issues and COVID-19 impacting production capacity.
IDEX Corporation (NYSE:IEX) has scheduled its fourth quarter earnings conference call for February 2, 2022, at 9:30 a.m. CT. CEO Eric Ashleman and CFO William Grogan will discuss the company's financial performance and answer investor questions. Interested parties can listen to the call online via IDEX's website and view accompanying presentation slides. An audio replay will be available until March 2, 2022. IDEX is a global company with over 40 businesses and nearly $2.5 billion in sales, involved in various mission-critical components used in everyday life.
IDEX Corporation (NYSE:IEX) has announced the acquisition of Nexsight, LLC for $120 million. This strategic purchase includes leading businesses such as Envirosight, WinCan, MyTana, and Pipeline Renewal Technologies. The acquisition is set to enhance IDEX's wastewater monitoring capabilities and expand its product offerings in intelligent water technologies. With annual sales of about $50 million, this deal is expected to close in Q1 2021, pending regulatory approvals. CEO Eric Ashleman emphasized the importance of this move for broadening expertise in wastewater infrastructure.
IDEX Corporation (NYSE:IEX) has announced a quarterly cash dividend of $0.54 per share, payable on January 28, 2022, to shareholders of record as of January 14, 2022. This marks the 109th consecutive quarterly cash dividend payment from the company. IDEX operates over 40 businesses globally, with approximately $2.5 billion in sales and more than 7,000 employees, providing essential components used in various life-saving and everyday applications.
IDEX Corporation (NYSE: IEX) reported strong financial results for Q3 2021, with record orders of $774.2 million, a 36% increase year-over-year, and sales of $712.0 million, up 23%. The operating margin was 22.6% and adjusted operating margin was 24.3%. Earnings per share (EPS) reached a record $1.51, with adjusted EPS at $1.63, a 16.4% increase from the prior year. Full-year adjusted EPS guidance has been narrowed to $6.30 to $6.33. The company expects 9-10% organic sales growth in Q4.
IDEX Corporation (NYSE: IEX) has formed a national partnership with the Boys & Girls Clubs of America through the IDEX Foundation, enabling expanded local volunteer opportunities for IDEX employees. This collaboration aligns with IDEX's new charitable focus on equity and opportunity for under-served communities. It aims to empower young individuals while supporting local Clubs financially and through volunteerism. The IDEX Foundation, which supports numerous charitable initiatives, enhances community engagement.
IDEX Corporation (NYSE:IEX) has scheduled its third quarter earnings conference call for October 27, 2021 at 9:30 a.m. CT. CEO Eric Ashleman and CFO William Grogan will discuss the company’s financial performance and take questions from investors. Interested participants can access the call via the company's website, where presentation slides will also be available. A replay of the call will be accessible until November 27, 2021 through designated phone lines.