Welcome to our dedicated page for Standex Intl news (Ticker: SXI), a resource for investors and traders seeking the latest updates and insights on Standex Intl stock.
Standex International Corporation (NYSE: SXI) is a global multi-industry manufacturer that regularly issues detailed updates on its operations, financial performance, and corporate developments. This news page aggregates Standex-related press releases and third-party coverage so readers can review the latest information in one place.
Standex’s news flow often centers on its five business segments: Electronics, Engineering Technologies, Scientific, Engraving, and Specialty Solutions. Earnings announcements provide segment-level results, commentary on demand trends in areas such as the electrical grid, electric and hybrid vehicles, renewable energy, commercialization of space, and defense, and updates on acquisitions and productivity initiatives. The company also reports on capital allocation topics, including dividends, debt repayment, and capital expenditures.
In addition to financial results, Standex issues releases about corporate actions and governance, such as the timing and agenda of its Annual Meeting of Shareholders, outcomes of shareholder votes, and changes in executive roles. The company highlights its long history of quarterly cash dividends since becoming a public corporation in November 1964, and periodically announces dividend increases along with the count of consecutive quarterly dividends.
Investors can also find announcements about Standex’s participation in investor conferences hosted by firms like CJS Securities, Melius Research, and D.A. Davidson, as well as updates on brand initiatives such as the refreshed Standex Electronics identity and the organization of Standex Detect, Standex Edge, and Standex Grid. This page allows readers to follow these developments over time and reference prior announcements as needed.
Standex International Corporation (NYSE: SXI) reported a strong first quarter for fiscal year 2022, ending September 30, 2021, with net sales of $175.6 million, up 16.1% year-over-year. Operating income rose by 59% to $22.8 million, while diluted EPS increased 54.8% to $1.30. The company reported a free cash flow of $8.1 million and a net debt to EBITDA ratio of 0.58x. Looking ahead, Standex expects continued revenue and margin growth driven by a healthy backlog and positive market trends in sectors like electric vehicles and renewable energy.
Standex International Corporation (NYSE:SXI) will report its first quarter fiscal 2022 financial results on November 4, 2021, after market close. A live conference call is scheduled for November 5, 2021, at 8:30 a.m. ET. CEO David Dunbar and CFO Ademir Sarcevic will discuss the results and outlook. Investors can access the webcast through the company's website. Standex operates in diverse sectors, including Electronics and Engineering Technologies, with a global footprint.
Standex International Corporation (NYSE: SXI) has declared a quarterly cash dividend of $0.26 per share, marking an 8% increase from previous payments. This dividend will be paid on November 24, 2021, to shareholders recorded by November 8, 2021. This also marks the company's 229th consecutive quarterly dividend since its public listing in November 1964, reflecting a consistent commitment to returning value to shareholders.
Standex International Corporation (NYSE:SXI) will present at the Sidoti Fall 2021 Virtual Small Cap Conference on September 23, 2021, at 1:45 PM ET. The presentation will be led by Chairman, President & CEO David Dunbar and CFO Ademir Sarcevic. Interested parties can follow the live webcast on the Investor Relations section of Standex's website under 'Events and Presentations.' A replay will also be available after the event. Standex is a global multi-industry manufacturer with operations across various countries, including the US, Europe, and Asia.
Standex International Corporation (NYSE: SXI) reported strong financial performance for Q4 FY2021, ending June 30, 2021. Net sales reached $176.4 million, a 26.6% year-over-year increase. Operating income rose to $22.4 million with a significant 121.4% increase. Adjusted EBITDA was $31.5 million, up 53.2%. The diluted EPS improved to $1.40, reflecting a 115.4% increase. Free cash flow generation was robust at $26.4 million, indicating strong financial flexibility. Looking ahead, the company anticipates continued growth, despite a slight revenue decrease expected in Q1 FY2022.
Standex International Corporation (NYSE:SXI) announced the promotion of Flavio Maschera to Chief Innovation & Technology Officer, a newly established role to enhance the company's growth strategy. Maschera, who has been with Standex for 15 years, will succeed James Hooven as President of the Engraving segment. Hooven, previously Vice President of Operations and Supply Chain, will lead the Engraving business. David Dunbar, CEO, emphasized the importance of innovation in targeting emerging markets like renewable energy and electric vehicles.
Standex International Corporation (NYSE:SXI) is set to announce its fourth quarter fiscal 2021 financial results on August 12, 2021, after market close. A live conference call will follow on August 13, 2021, at 8:30 a.m. ET, where the CEO David Dunbar and CFO Ademir Sarcevic will discuss the results, business highlights, and upcoming outlook. Interested investors can access the webcast through the company's website, with a replay available shortly after the event.
Standex International Corporation (NYSE: SXI) announced that CEO David Dunbar will present at the Jefferies 2021 Virtual Industrials Conference on August 4, 2021, at 3:00 PM ET. Interests can access the live webcast and presentation through the Investor Relations section of Standex's website. A replay will be available shortly after the event.
Standex operates in five diverse business segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions, with a global presence across multiple countries.
Standex International Corporation (NYSE: SXI) has declared a quarterly cash dividend of $0.24 per share, payable on August 25, 2021, to shareholders on record as of August 2, 2021. This marks the company's 228th consecutive quarterly cash dividend, showcasing its consistent commitment to shareholder returns since becoming public in November 1964. Standex operates in five sectors: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions, with a global presence across several countries.
Standex International Corporation (NYSE:SXI) has announced the appointment of Robin J. Davenport, Vice President of Corporate Finance at Parker-Hannifin Corporation, as an observer and advisor to its Board of Directors. Ms. Davenport will be nominated for election at Standex's 2021 Annual Shareholders Meeting. She brings extensive experience in M&A, capital allocation, and corporate strategy from her tenure at Parker-Hannifin and previous roles at CNH Capital Corporation. This strategic addition aims to strengthen Standex's financial and operational oversight.