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) will announce its first quarter fiscal 2021 financial results on October 29, 2020, after market close. A conference call to discuss these results will take place on October 30, 2020, at 8:30 a.m. ET. The call will feature David Dunbar, Chairman, President & CEO, and Ademir Sarcevic, Vice President, CFO & Treasurer, detailing financial metrics and business highlights. Investors can access the live webcast and presentation via the company's website, with a replay available afterward.
Standex International Corporation (NYSE: SXI) has announced a quarterly cash dividend of $0.24 per share, reflecting a 9% increase from previous payments. This dividend, marking the 225th consecutive quarterly payment, will be distributed on November 25, 2020, to shareholders on record as of November 10, 2020. The company has consistently paid dividends since going public in November 1964.
Standex International Corporation (NYSE: SXI) will present at the Sidoti & Company Fall 2020 Investor Conference on September 24, 2020, at 10 AM Eastern Time. Chairman, President & CEO David Dunbar and Vice President, CFO & Treasurer Ademir Sarcevic will lead the presentation. Interested parties can access the webcast here. A replay will be available on the company's website for thirty days. Standex operates in multiple sectors, including Electronics and Scientific, with facilities in various countries worldwide.
Standex International Corporation (NYSE:SXI) reported its 4Q fiscal 2020 results, revealing a 17.4% decline in net sales to $139.4 million and a 50.7% drop in net income from continuing operations to $6.1 million. Operating income plummeted 47.9% to $10.1 million. EBITDA also decreased 31.4% to $18.6 million, with a notable fall in diluted EPS of 49.5% to $0.50. In contrast, dividends per share saw a 10% increase to $0.22. The company anticipates flat to slightly increased revenue for the first quarter of fiscal 2021, mainly due to recovery in Electronics and Engraving segments.
Standex International Corporation (NYSE:SXI) will announce its fourth quarter fiscal 2020 financial results on August 24, 2020 after market close. A live conference call will be held on August 25, 2020 at 8:30 a.m. ET, featuring Chairman David Dunbar and CFO Ademir Sarcevic discussing the results and outlook. Investors can access the call through the "Investors" section of Standex's website. A replay will be available post-presentation.
Standex International Corporation (NYSE: SXI) has declared a quarterly cash dividend of $0.22 per share, payable on August 25, 2020, to shareholders on record as of August 6, 2020. This marks the company's 224th consecutive quarterly cash dividend, reflecting its commitment to returning value to shareholders. Standex has consistently paid dividends since its public listing in November 1964.
Standex International Corporation (NYSE: SXI) has acquired Florida-based Renco Electronics for approximately $28 million in cash, with a potential three-year earnout based on financial targets. The acquisition is financed through Standex's existing cash reserves and is expected to be accretive to earnings in its first year. Renco, which reported trailing revenues of $28 million, specializes in customized magnetics components for various markets, enhancing Standex's engineering expertise and customer relationships.