Standex International Reports Record Q1 Sales and Strong FY 2027 Growth Outlook
Standex International (SXI) reported record first-quarter sales of approximately $233 million, fueled by double-digit organic growth. The company's Electronics segment was a primary driver of this performance, achieving nearly 30% organic growth during the period. Looking ahead to fiscal year 2027, management has provided optimistic guidance, projecting high single-digit sales growth and high teens adjusted earnings per share (EPS) growth. This outlook is supported by a robust order intake totaling $273 million, signaling strong demand for the company's products.
Tickers: $SXI
Topics: electronics segment order intake organic growth revenue growth
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Part of the story Standex International Corporation Reports Q1 Revenue Beat Amid GAAP EPS Miss (9 articles)