NYSE$SXI
Standex International Corporation · Q4 2024 earnings
Q4 2024 earnings · · Investor relations
Briefing
Reported solid operational performance despite continued softness in general market conditions.
Standex reported a 4.3% decrease in sales for Q4 FY24, although acquisitions and fast growth markets partially offset organic decline. The company achieved an adjusted operating margin of 16.0%, up 60 bps sequentially and year-over-year, and generated free operating cash flow of $22.2 million, representing 112% of GAAP net income.
- Sales from fast growth markets increased 13% year-on-year to $27 million in Q4 FY24.
- Adjusted gross margin was 38.7% and adjusted operating margin was 16.0%, up 60 bps sequentially and year-on-year.
- Free operating cash flow was $22.2 million, representing 112% of GAAP net income.
- Four business segments finished the quarter with operating margin above 20%.
Headline financials
Revenue & EPS history
Standex · Revenue · Quarterly
$180M
Revenue by segment
Standex · $185M total across 5 segments · Q1 2024
- Electronics$81.3M-0.2%44.0%
- Engraving$40.7M+11.4%22.0%
- Specialty Solutions$25.8M-31.1%14.0%
- Engineering Technologies$18.5M-5.3%10.0%
- Scientific$18.5M-2.7%10.0%
Forward guidance
The Company expects similar to slightly higher revenue in fiscal first quarter 2025. The Company expects general market conditions to stabilize in the first half and strengthen in the second half of fiscal year 2025.
Tailwinds
- Higher sales into fast growth markets are expected to drive revenue.
- Over a dozen new products are planned for release, contributing over 100 bps of incremental growth.
- Sales from fast growth markets are expected to grow above 20% year-on-year and exceed $110 million.
- General market conditions are expected to stabilize in the first half and strengthen in the second half of fiscal year 2025.
- Balance sheet remains in a strong position to consider an active funnel of organic and inorganic opportunities.
Headwinds
- Less favorable project timing in the Engineering Technologies segment may offset revenue gains.
- Higher investments in selling, marketing, and R&D may lead to slightly lower adjusted operating margin.
- Organic decline in Electronics segment due to continued softness in the appliances and general industrial end markets in China and Europe and prior overstocking in certain large customer accounts.
- Delays in new platform rollouts in North America impacted Engraving segment revenue.
- Lower demand from retail pharmacies impacted Scientific segment revenue.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+0.0%
Avg return
Earnings day
+0.1%
Avg return
5 days after
+3.6%
Avg return
30 days after
53%
34 / 64 earnings
Positive
+23.5%
Q4 2019
Best reaction
-20.7%
Q3 2010
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | -8.7% | +0.0% | +11.7% | |
| Q2 2026 | +3.5% | +7.7% | +3.7% | |
| Q1 2026 | +0.7% | -3.3% | +1.0% | |
| Q3 2025 | +8.9% | +5.3% | +4.2% | |
| Q2 2025 | -2.1% | +4.9% | -0.3% | |
| Q1 2025 | +5.5% | +0.4% | +15.7% | |
| Q4 2024 | -4.7% | -9.1% | -4.4% | |
| Q3 2024 | +0.5% | -4.2% | -3.4% | |
| Q2 2024 | +1.2% | +1.9% | +18.8% | |
| Q1 2024 | -5.6% | -5.2% | -4.9% | |
| Q4 2023 | +5.3% | +11.4% | +4.9% | |
| Q3 2023 | +4.0% | +8.5% | +15.9% | |
| Q2 2023 | -0.5% | +1.0% | +1.4% | |
| Q1 2023 | +2.1% | -1.0% | +7.5% | |
| Q4 2022 | -1.2% | -3.3% | -10.6% | |
| Q3 2022 | -2.9% | -5.5% | -3.8% | |
| Q2 2022 | +0.0% | +6.9% | +8.6% | |
| Q1 2022 | +3.4% | +3.9% | -9.8% | |
| Q4 2021 | +2.2% | +3.0% | -0.5% | |
| Q3 2021 | +3.9% | +2.5% | +1.9% | |
| Q2 2021 | +0.6% | +5.2% | +19.6% | |
| Q1 2021 | +3.0% | +12.0% | +29.6% | |
| Q4 2020 | -1.9% | +2.1% | -0.1% | |
| Q3 2020 | +7.9% | -0.3% | +39.8% | |
| Q2 2020 | -3.8% | -4.6% | -11.7% | |
| Q1 2020 | -1.0% | +1.1% | -1.1% | |
| Q4 2019 | +23.5% | +12.3% | +20.7% | |
| Q3 2019 | -11.5% | -6.7% | -11.3% | |
| Q2 2019 | -5.2% | -2.4% | +4.2% | |
| Q1 2019 | -15.4% | -15.1% | -14.8% | |
| Q4 2018 | -4.8% | -5.0% | -8.2% | |
| Q3 2018 | -3.6% | -4.2% | +2.9% | |
| Q2 2018 | +4.5% | +0.9% | -4.8% | |
| Q1 2018 | +1.2% | +0.4% | +1.4% | |
| Q4 2017 | +2.1% | +3.9% | +16.9% | |
| Q3 2017 | -3.4% | -3.4% | -6.7% | |
| Q2 2017 | +4.8% | +2.3% | +3.2% | |
| Q1 2017 | -10.0% | -11.3% | +6.2% | |
| Q4 2016 | -8.9% | -8.8% | -3.6% | |
| Q3 2016 | +0.9% | — | — | |
| Q2 2016 | -8.4% | — | — | |
| Q1 2016 | +6.2% | — | — | |
| Q4 2015 | +9.6% | — | — | |
| Q3 2015 | -2.8% | — | — | |
| Q2 2015 | -0.3% | — | — | |
| Q1 2015 | +1.4% | — | — | |
| Q4 2014 | +4.1% | — | — | |
| Q3 2014 | +18.0% | — | — | |
| Q2 2014 | -0.3% | — | — | |
| Q1 2014 | +0.8% | — | — | |
| Q4 2013 | -5.8% | — | — | |
| Q3 2013 | -3.4% | — | — | |
| Q2 2013 | -0.9% | — | — | |
| Q1 2013 | +8.5% | — | — | |
| Q4 2011 | -0.7% | — | — | |
| Q4 2010 | -0.7% | — | — | |
| Q4 2012 | +2.9% | — | — | |
| Q3 2011 | +4.2% | — | — | |
| Q3 2012 | +4.2% | — | — | |
| Q2 2011 | +0.3% | — | — | |
| Q2 2012 | +0.3% | — | — | |
| Q1 2012 | -4.0% | — | — | |
| Q1 2011 | -4.0% | — | — | |
| Q3 2010 | -20.7% | — | — |
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