IDEX Reports First Quarter Results
April 23, 2020
LAKE FOREST, Ill.–(BUSINESS WIRE)–Apr. 23, 2020– IDEX Corporation (NYSE: IEX) today announced its financial results for the three month period ended March 31, 2020.
First Quarter 2020 Highlights
- Gross margin was 45.7 percent, up 10 bps
- Increased backlog by $50 million
- Completed the acquisition of Flow Management Devices, LLC on February 28, 2020