Welcome to our dedicated page for Standex International news (Ticker: SXI), a resource for investors and traders seeking the latest updates and insights on Standex International stock.
Standex International Corporation reports developments for a global multi-industry manufacturer operating through Electronics, Engineering Technologies, Scientific, Engraving, and Specialty Solutions businesses. News commonly covers quarterly earnings, segment sales and margins, order trends, new product activity, and demand in markets served by its sensing, switching, magnetic power conversion, engraving, scientific, and engineered-technology operations.
Company updates also include portfolio actions such as completed divestitures, acquisition contributions, debt reduction, dividend declarations, and investor conference participation. Standex’s disclosures frequently emphasize its Electronics segment, global manufacturing footprint, fast-growth market sales, and long-running quarterly dividend history as part of its public-company profile.
Standex International Corporation (NYSE: SXI) announced a quarterly cash dividend of $0.26 per share, payable on May 25, 2022, to shareholders of record on May 11, 2022. This marks the company's 231st consecutive quarterly cash dividend since it became public in November 1964. Standex operates in five business segments globally, including Electronics and Engineering Technologies, with locations across the U.S., Europe, and more.
Standex International Corporation (NYSE:SXI) announced that its President & CEO, David Dunbar, along with CFO Ademir Sarcevic, will present at the Sidoti & Company Spring 2022 Virtual Investor Conference on March 23, 2022, at 11:30 AM Eastern Time. Interested investors can access the presentation via the 'Investors' section on Standex's website under 'Events and Presentations.' A replay will be available shortly after the event. Standex operates in five sectors globally, providing a diverse range of manufacturing solutions.
Standex International Corporation (NYSE:SXI) has acquired Sensor Solutions for approximately $9.7 million in cash, funded from existing cash reserves. The acquisition is anticipated to slightly enhance earnings and consolidate free cash flow in the first year. Sensor Solutions, based in Colorado, generates around $4.3 million in annual revenues and specializes in customizable magnetic sensors for various sectors including automotive and medical. This acquisition strengthens Standex's position in high-growth markets such as electric vehicles and industrial automation.
Standex International Corporation (NYSE:SXI) reported a strong second quarter for fiscal year 2022, achieving net sales of $185.7 million, an increase of 18.8% year-over-year. Adjusted operating income rose 41.7% to $25.2 million, with an adjusted operating margin of 13.6%, up 220 bps year-over-year. The company generated free cash flow of $18.9 million, reflecting an 11.6% year-over-year increase. Looking forward, Standex anticipates revenue growth driven by its Specialty Solutions and Electronics segments.
Standex International Corporation (NYSE: SXI) will announce its second quarter fiscal 2022 financial results on February 3, 2022, after market close. The live conference call is scheduled for February 4, 2022, at 8:30 a.m. ET, where CEO David Dunbar and CFO Ademir Sarcevic will discuss the results, business highlights, and future outlook. Interested investors can access the webcast and presentation on Standex's website, with a replay available shortly after the event.
Standex International Corporation (NYSE: SXI) has declared a quarterly cash dividend of $0.26 per share, payable on February 25, 2022, to shareholders of record by February 11, 2022. This marks the company's 230th consecutive quarterly cash dividend, maintaining a consistent dividend payout since its public listing in November 1964. Standex operates in five segments, including Electronics and Scientific, across multiple countries.
Standex International Corporation (NYSE:SXI) has announced that David Dunbar, Chairman, President & CEO, and Ademir Sarcevic, Vice President, CFO & Treasurer, will present at the Baird 2021 Global Industrial Conference on November 11, 2021, at 2:35 PM ET. Investors can access the live webcast and presentation on the company’s Investor Relations page. A replay will be available after the event. Standex operates globally in five segments including Electronics and Specialty Solutions.
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.