Standex Expects Moderately To Significantly Higher Revenue For Q2 On Sequential Basis
Portfolio Pulse from Benzinga Newsdesk
Standex International Corporation anticipates higher revenue and operating margins for Q2, driven by increased sales and investments. The recent acquisition of Amran/Narayan Group is expected to positively impact earnings per share in fiscal Q2 2025.
October 29, 2024 | 11:26 am
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Standex International expects higher Q2 revenue and operating margins, with the Amran/Narayan acquisition slightly boosting EPS in fiscal Q2 2025.
The news indicates positive financial performance expectations for Standex, including higher revenue and operating margins. The acquisition is expected to be accretive to EPS, suggesting potential stock price appreciation.
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