SALEM, N.H. (AP) — SALEM, N.H. (AP) — Standex International Corp. (SXI) on Thursday reported fiscal second-quarter earnings of $18.9 million.

The Salem, New Hampshire-based company said it had profit of $1.59 per share. Earnings, adjusted for restructuring costs and costs related to mergers and acquisitions, came to $1.78 per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.73 per share.

The equipment manufacturing company posted revenue of $178.4 million in the period, which missed Street forecasts. Five analysts surveyed by Zacks expected $182.2 million.

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