Idex Corporation ( (IEX) ) has released its Q2 earnings. Here is a breakdown of the information Idex Corporation presented to its investors.
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IDEX Corporation is a global company that designs and manufactures engineered products and components, primarily serving the industrial sector with a diverse range of solutions including precision components for electronics, water treatment, and fire and rescue tools.
In its latest earnings report for the second quarter of 2025, IDEX Corporation announced record sales of $865 million, marking a 7% increase from the previous year. Despite this growth, the company reported a decline in diluted earnings per share (EPS) by 6% to $1.74, although adjusted diluted EPS remained stable at $2.07, surpassing expectations.
Key financial highlights include a 7% increase in orders to $830 million, with organic growth contributing 2%. The Health & Science Technologies segment saw a significant 20% increase in net sales, largely driven by the acquisition of Mott Corporation. However, the Fluid & Metering Technologies segment experienced a 3% decline in net sales due to lower volumes in several markets. The Fire & Safety/Diversified Products segment reported a modest 3% increase in net sales.
Looking ahead, IDEX has revised its full-year EPS outlook, projecting GAAP diluted EPS between $6.30 and $6.44, and adjusted diluted EPS between $7.85 and $7.95. The company remains confident in its growth strategies and capital deployment, aiming to deliver consistent shareholder value despite the current macroeconomic uncertainties.