Standex Reports Fiscal Third Quarter 2021 Financial Results
- Improved Financial Performance Driven by Strong Sequential Growth at Electronics, Scientific and Specialty Segments
- Divested Enginetics Corporation, In Line with Long-Term Growth Strategy
- Solid Cash Flow Generation Complemented by Significant Financial Flexibility
- Expect Sequentially Stronger Fiscal Fourth Quarter 2021 Financial Performance
News provided by
Share this article
(NYSE:SXI) today reported financial results for the third quarter of fiscal year 2021 ending March 31, 2021.
Summary Financial Results
3Q21
$1.8
$14.6
-11.8%
1Fiscal third quarter 2021 adjusted results exclude pre-tax charges of $14.6 million with approximately $13 million non-cash charges attributable to goodwill and other intangible assets associated with the divestiture of Enginetics Corporation. See appendix for reconciliation of GAAP to non-GAAP measures.