IDEX Corporation (NYSE: IEX) today announced its financial results for the three month period ended June 30, 2022.
Second Quarter 2022 Highlights
- Reported EPS of $1.81, up 35% and record adjusted EPS of $2.02, up 15% vs. Q2 2021
- Orders of $839 million, up 12% overall and 7% organically vs. Q2 2021
- Record sales of $796 million, up 16% overall and 12% organically vs. Q2 2021
- Reported operating margin of 23.4%, up 30 basis points vs. Q2 2021
- Completed acquisition of KZValve on May 2, 2022
- Full year GAAP EPS guidance raised to $7.19 to $7.29 from prior guidance of $6.87 to $7.00
- Full year adjusted EPS guidance raised to $7.88 to $7.98 from prior guidance of $7.50 to $7.63
View full report at: https://investors.idexcorp.com/news-releases/news-release-details/idex-reports-strong-second-quarter-results