Item 2.02 - Results of Operations and Financial Condition.
On July 23, 2020, IDEX Corporation (the "Company") issued a press release
announcing financial results for the period ended June 30, 2020.
A copy of the press release is furnished as Exhibit 99.1 to this Current Report
on Form 8-K and is incorporated herein by reference.
The information in this Current Report furnished pursuant to Item 2.02 shall not
be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act
of 1934, as amended, or otherwise subject to the liabilities of that Section.
This information shall not be incorporated by reference into any registration
statement pursuant to the Securities Act of 1933, as amended.
Item 7.01 - Regulation FD Disclosure.
Q2 2020 Presentation Slides
Presentation slides discussing IDEX Corporation's quarterly operating results
are attached to this Current Report on Form 8-K as Exhibit 99.2 and are
incorporated herein by reference.
The Securities and Exchange Commission encourages companies to disclose
forward-looking information so that investors can better understand the future
prospects of a company and make informed investment decisions. This Current
Report and the Exhibits hereto may contain "forward-looking" statements within
the meaning of the Private Securities Litigation Reform Act of 1995, as amended.
These statements may relate to, among other things, the anticipated continuing
effects of the coronavirus pandemic, including with respect to the Company's
sales, facility closures, supply chains and access to capital, capital
expenditures, acquisitions, cost reductions, cash flow, revenues, earnings,
market conditions, global economies and operating improvements, and are
indicated by words or phrases such as "anticipates," "estimates," "plans,"
"expects," "projects," "forecasts," "should," "could," "will," "management
believes," "the Company believes," "the Company intends," and similar words or
phrases. These statements are subject to inherent uncertainties and risks that
could cause actual results to differ materially from those anticipated at the
date of this Current Report. The risks and uncertainties include, but are not
limited to, the following: the duration of the coronavirus pandemic and the
continuing effects of the coronavirus on our ability to operate our business and
facilities, on our customers, on supply chains and on the U.S. and global
economy generally; economic and political consequences resulting from terrorist
attacks and wars; levels of industrial activity and economic conditions in the
U.S. and other countries around the world; pricing pressures and other
competitive factors and levels of capital spending in certain industries, all of
which could have a material impact on order rates and the Company's results,
particularly in light of the low levels of order backlogs it typically
maintains; the Company's ability to make acquisitions and to integrate and
operate acquired businesses on a profitable basis; the relationship of the U.S.
dollar to other currencies and its impact on pricing and cost competitiveness;
political and economic conditions in foreign countries in which the Company
operates; developments with respect to trade policy and tariffs; interest rates;
capacity utilization and the effect this has on costs; labor markets; market
conditions and material costs; and developments with respect to contingencies,
such as litigation and environmental matters. Additional factors that could
cause actual results to differ materially from those reflected in the
forward-looking statements include, but are not limited to, the risks discussed
in the "Risk Factors" section included in the Company's most recent annual
report on Form 10-K and the Company's subsequent quarterly reports filed with
the Securities and Exchange Commission (SEC) as well as the other risks
discussed in the Company's filings with the SEC. The forward-looking statements
included in this Current Report and the Exhibits hereto are only made as of the
date of this Current Report, and management undertakes no obligation to publicly
update them to reflect subsequent events or circumstances, except as may be
required by law. Investors are cautioned not to rely unduly on forward-looking
statements when evaluating the information presented herein.
The information in this Current Report furnished pursuant to Items 7.01 and 9.01
shall not be deemed "filed" for the purposes of Section 18 of the Securities
Exchange Act of 1934, as amended, or otherwise subject to the liabilities of
--------------------------------------------------------------------------------
that Section. This information shall not be incorporated by reference into any
registration statement pursuant to the Securities Act of 1933, as amended. The
furnishing of the information in this Current Report is not intended to, and
does not, constitute a representation that such furnishing is required by
Regulation FD or that the information this Current Report contains is material
investor information that is not otherwise publicly available.
Item 9.01 - Financial Statements and Exhibits.
(a)Exhibits
99.1 Press release dated July 23, 2020 announcing IDEX Corporation's quarterly
operating results
99.2 Presentation slides of IDEX Corporation's quarterly operating results
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses