IDEX Corporation (NYSE: IEX) today announced its financial results for the three month period ended March 31, 2022.
First Quarter 2022 Highlights
- Record reported EPS of $1.83, up 24% and record adjusted EPS of $1.96, up 21% vs. Q1 2021
- Record orders of $856 million, up 20% overall and 16% organically vs. Q1 2021
- Record sales of $751 million, up 15% overall and 12% organically vs. Q1 2021
- Record reported operating margin of 25.0%, up 110 basis points vs. Q1 2021
- Completed acquisition of Nexsight, LLC on February 28, 2022
- Announced upcoming acquisition of KZValve
View full report at: https://investors.idexcorp.com/news-releases/news-release-details/idex-reports-record-first-quarter-results