IDEX Reports Second Quarter Results; Delivers Record Operating Margin and EPS; Raises Low End of Full Year EPS Guidance

News Release
July 25, 2019

LAKE FOREST, Ill.–(BUSINESS WIRE)–Jul. 25, 2019– IDEX Corporation (NYSE: IEX) today announced its financial results for the three month period ended June 30, 2019.

Second Quarter 2019 Highlights

  • Sales were up 1 percent overall and 3 percent organically
  • Reported operating margin was 24.2 percent with adjusted operating margin of 24.5 percent, up 90 bps
  • Reported EPS was $1.48 with adjusted EPS of $1.50, up 7 percent
  • Acquired Velcora Holding AB in July


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