IDEX Reports Second Quarter Results
July 23, 2020
LAKE FOREST, Ill.–(BUSINESS WIRE)–Jul. 23, 2020– IDEX Corporation (NYSE: IEX) today announced its financial results for the three month period ended June 30, 2020.
Second Quarter 2020 Highlights
- Cash from operations of $169.5 million led to record quarterly FCF of $161.1 million
- Completed a public offering of $500 million 3.0% Senior Notes
- Operating margin of 19.7%; adjusted operating margin of 21.1%
- Adjusted EBITDA margin of 25.1%