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 have President & CEO David Dunbar presenting at Baird's 2022 Global Industrial Conference in Chicago on November 10, 2022. Interested parties can access the presentation on Standex's website under the Investor Relations section, specifically in Events and Presentations. Standex operates globally across various sectors, including Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions.
Standex International Corporation (SXI) reported a strong first quarter of fiscal 2023, with net sales of $180.6 million, a 2.8% increase year-over-year. GAAP operating margin improved to 14.6%, and adjusted operating margin reached a record 15.0%, up 110 bps sequentially. Notably, specialty and engraving segments led organic growth of 7.3%, while fast growth market sales surged by ~30% to ~$17 million. However, free cash flow was negative at -$8.0 million due to supply chain inefficiencies. The company projects a moderate revenue increase and stable operating margins for Q2 FY2023.
Standex International Corporation (NYSE: SXI) will report its first quarter fiscal 2023 financial results on November 3, 2022, after market close. The company will host a conference call on November 4, 2022, at 8:30 a.m. ET to discuss the results, featuring President & CEO David Dunbar and CFO Ademir Sarcevic. Investors can access the live webcast and presentation through the 'Investors' section of Standex's website, with a replay available shortly after.
Standex International Corporation (NYSE: SXI) has declared a quarterly cash dividend of $0.28 per share, payable on November 23, 2022, to shareholders of record by November 9, 2022. This marks the company’s 233rd consecutive quarterly dividend, reflecting a strong commitment to returning value to its shareholders since going public in November 1964.
Standex International Corporation (NYSE: SXI) has appointed Christopher Howe as the new Director of Investor Relations, effective October 12, 2022. Howe brings nearly a decade of experience as an equity analyst, having previously worked at Barrington Research Associates. His responsibilities will include managing relationships with shareholders and driving the company's investor relations strategy to enhance shareholder value. CFO Ademir Sarcevic expressed excitement about Howe's addition, highlighting his extensive small-cap market experience as a valuable asset for the company.
Standex International Corporation (NYSE: SXI) announced that President & CEO David Dunbar will present at William Blair's Virtual 2022 What's Next for Industrials Conference on September 22, 2022. This event highlights the company's role in the industrial sector. Interested parties can access the presentation on the Investor Relations section of Standex's website and will have the opportunity to watch a webcast replay shortly after the event. Standex operates in various global markets, including the U.S., Europe, and Asia, across five major business segments.
Standex International Corporation (SXI) reported strong fourth quarter results for fiscal 2022, with net sales increasing by 4.7% year-over-year to $184.7 million. The adjusted operating margin reached a record 13.9%, up from 13.3% the previous year. The Electronics segment achieved record sales of $304 million, with total backlog increasing 22% year-over-year. Free cash flow generated in the quarter was approximately $19 million. Standex anticipates similar revenue and operating margins in the first quarter of fiscal 2023, with the Electronics segment expected to drive growth.
Standex International Corporation (NYSE:SXI) will have its President & CEO, David Dunbar, present at the Jefferies 2022 Industrials Conference on August 9, 2022, at 2:00 PM Eastern Time. Interested investors can access the live webcast and presentation through the Investor Relations section of Standex's website under Events and Presentations. A replay will also be available shortly after the presentation concludes. Standex operates across five segments, including Electronics and Scientific, with a global presence in several countries.
Standex International Corporation (NYSE:SXI) will report its fourth-quarter fiscal 2022 financial results on August 4, 2022, following market close. A live conference call will be held on August 5, 2022, at 8:30 a.m. ET, featuring President & CEO David Dunbar and CFO Ademir Sarcevic discussing the results, business highlights, and future outlook. Investors can access the webcast and presentation through the 'Investors' section on Standex's website, with a replay available post-presentation.
Standex International Corporation (NYSE: SXI) has declared a quarterly cash dividend of $0.26 per share, payable on August 25, 2022, to record shareholders on August 11, 2022. This marks the company's 232nd consecutive quarterly dividend since becoming public in November 1964. Standex operates across various sectors including Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions, with a global presence in multiple countries.