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IDEX (IEX) Q2 Revenue Jumps 7%
The Motley Fool· 2025-07-31 13:20
IDEX's Health & Science Technologies segment was the main growth engine. HST posted GAAP net sales of $365.3 million, up 20% from the year-ago period, with 4% organic growth. Most of this expansion came from integrating Mott Corporation, acquired in September 2024, which specializes in sintered porous metal filtration products. While HST's revenue leaped, its adjusted EBITDA margin slipped 170 basis points, reflecting the margin impact of the Mott deal and an unfavorable product mix, partly offset by produc ...