Standex International Corp Reveals Decline In Q2 Bottom Line

(RTTNews) - Standex International Corp (SXI) reported a profit for second quarter that decreased from last year

The company's bottom line came in at $1.3 million, or $0.07 per share. This compares with $19.1 million, or $1.61 per share, last year.

Excluding items, Standex International Corp reported adjusted earnings of $22.9 million or $1.91 per share for the period.

The company's revenue for the period rose 6.4% to $189.8 million from $178.4 million last year.

Standex International Corp earnings at a glance (GAAP) :

-Earnings: $1.3 Mln. vs. $19.1 Mln. last year. -EPS: $0.07 vs. $1.61 last year. -Revenue: $189.8 Mln vs. $178.4 Mln last year.