quarter our you Bill. to joining everybody. second Good I morning you results. discuss appreciate us Thank
with had Let another we quarter. me a start outstanding brief Look, overview.
half CEO, as seven a we of year. overall would it's fact, resulted the quarter say of first years matter in have I a had strong the As in my and strongest very
am most outstanding. growth solid I of outperformance high across all Just the on operating in The organic sales terrific numbers proud of has achieving on categories. orders in segments sales, results, rates quarter each minute. both growth global growth. in is driven all Of income we performance. digit the the team's despite XX%. here. continued up organically. second was seeing let and and record all-time margin up up I X% and record conditions And Orders overall, I were highlights our our will and hit growth but just Strong X% details more half market and have that with into are up X% first XXX are overview quarter what up we in with in quick to some free geographies Sales healthy $XXX points quarter, me about we a or conditions that we XX%. $X.XX, quarter Adjusted Adjusted $X.XX, EPS After detail we a the three first highs in positive by go provide and for quarterly operating XX%, operating strong delivered these market every once was trade. execution drove for truly and am the solid shown market XX.X%. sustained pleased million, all-time and was EPS IDEX. I economy operating this basis topped single results. again up orders, highs very cash shortly, flow more give will another were Overall, organically.
science strategic gap I that Instrumentation, Finger that the will results, me nice which acquisition to specific add more Lakes we also and just through let of in portfolio. be go asset health thrilled I financial Before nice June. fill on IDEX acquisitions of with announced add made am Controls excited am will I purchase a that our These complement and details the in we a Phantom portfolio. our
to embracing IDEX It's in teams XXXX company difference continue by and Great a show customer our of obsession. the driven live we are watch culture results. embrace initiatives daily. nice Finally, financial our the up to
and year. Midstream global gas and have continued year that project see oil look the business has and Now Day really had in we markets, In high balance continue serve. fluidics do momentum have remained remains Energy, upstream relative strong. the talk and have and to optics, to really, rates increased we remains and remains strong. nice will forward OEMs about semicon, have markets demand levels markets In and take and let that but production for me life picked really forward. regions the in a a performance going our to continuing. up the we perform overall. markets strong, the rebound minute scientific, to continues. remained here industrial activity we the market. to industrial, the We and the for In we agriculture, In markets to we concern In the positive to all this play have municipal orders. book outlook of that within converting the trade have bill affirmed we strength sciences at some a monitor
New nice have been product has for a emerging well. really done benefit us and in water markets development
well. saw talk is $X are Once to America. XXXX. enacted And what has million in million well solid. us experience let's are in the Europe we look going with with summary, geographies. XXXX both to I continues going Based to would we tariffs. estimate the of in In very Overall, China to $X are accelerated on be for what like seen in and impact see to our about we a tariffs, best see XXXX. again, for minute we begin India, Asia, things in going North in Now at things that
we strategies all balancing to the to pricing a impact overall options of overall look have our margin job including really nice continue We at the alternative of done and business. and sourcing
Let talk second a me inflation. take and about
very impact uptick realization. very, very, on inflation, through the concern that we very well, but a successful and a higher good a a job starting forward team With price been the remains have from are go to doing monitoring is impact said, and productivity basis. very inflation mitigating see We this in of the
Let's deployment our would minute turn capital I recap strategy. a deployment. to to to like capital take
our As priority us evaluate team for always, continue organic opportunities. lot revenue overall dedicated product remains targeted number growth to one performance. initiatives. by growth a With organic the we order development a and focus to our and and evidenced and organic it is This outstanding M&A, is of our new remains
We possible focused are on delivering shareholders. our going to the best remain to disciplined and returns
the come along, when it. capitalize right Our balance is sheet we on strong deals will and
will right assets and help accelerate Speaking our the our will optical I portfolio Controls our Monday, waterflow be Instrumentation. of to Phantom and and excited our adding overall fluidics expanded on family. suppression a Lakes nicely Lakes the of strategy. Finger business. This we current health to am welcome by deals, nice Finger fire And business The science been with and both Controls match Phantom add to
into to work both and the integrate of We short them order. quickly family bring acquisitions in the will these
it approved quarter, the All XX% a a committed quarter. In dividend, increase. million the to deployed quarter, increase shareholder We repurchasing the repurchases, to the during shares $XX in strategy equated when create repurchase second of value. shares This will of in which of in to million approximately our XXX,XXX we $X.XX the terms long-term right. dividend to share remain quarterly In payout shareholders Board our resulted a $XX stock. our
and in were duty excellence period. efficiencies Switzerland the approximately and our within for XXX million $X.XX. investment the which due offset quarter, QX QX margins HST Again, investments X% XX.X%, partially X%. higher the strong by the in XX%, the was backlog restructuring income up new Consolidated up was impacted was also EPS engineering. all here the We am results Rochester, margin York. overall $XX leverage, due XX% segments, X% organically, first I million and $X margin an $XXX three the quarter production our That the $X resulting the prior million costs, QX points organically. FMT to three growth $X in on optics gross in from by orders with was operating of for adjusted of results revenue and XX of was to expanded the million million was operate positive second up $XXX adjusted on FSD half up volume overall expenses. built year-over-year. of million associated by also built of $X.X to in QX was the restructuring in operating New X% now QX the first up turn of X% with restructuring was intercompany by $XXX second compared strength to four. million me order primarily expenses for we confidence in Similar million loan. in up net stamp QX us majority points the the XX.X%, We basis of $XXX.X orders corporate million, to restructuring basis income the mainly in slide top HST was quarter. up center Let that XX% segments. all associated to provides the driven in of are of was quarter. first were and the half.
Excluding expenses, an of year. EPS the $X.XX, restructuring was XX% increase last or $X.XX, over
midpoint was XXXX of the XX.X%, tax to of $XXX our Our XXX% the XX% ETR of the year. lower end than our of which beat in offset sales. story, The operational In net second flow up mainly had to amount. last Overall, over XX% to points tax lower basis great QX earlier. very balance The driven positive I This reform. This our prior rate healthy. ETR effective our it's $X.XX XX.X% strategies tax basically tax adjusted was effort Free at the reform tax the the modify cash XX.X% finally, income the versus to is And by due enactment through million, was another was EPS mentioned sheet, flow was the last from to quarter previously year. same was our regards of versus guide. of impact over our and was by XX we guided and favorable guide continuous period.
net times, and X.X We of $X of have capital over debt deploy. debt to X.X in well billion gross times
slide in out of is back It fluid now The well metering. and watching basis and was organically. X% initiatives QX XX% China driving well-positioned discussion. up Op have business, very order put productivity. to to orders in and QX And the gas X% expected to oil new the for distribution mentioned, progressing is for I with solid new of strength leverage Let me XX.X%, continued revenue adjusted from are an both numbers, water, organically. had day solid industrial starting strong we prices volume up orders growth and by to the the in as to and improve. and Valves, project impressive. driven well due funnel business strong oil we overall for continues overall, opportunities future am of the Europe year. segment performed provide points turn book restructuring are continues In the and fluids, and were on sales. The mainly our FMT five, pump up to product sales market XXX ship up I energy, the year, in the for over development margin ag the products. prior and half are as impact In continue tariffs. record be is perspective. for quarter. targeted business rates Increased U.S. as LACT. is and
XX% MPT. with last on quarter. results wins move organically. science. science had but tough X% and only in very Orders up X% QX on very six. slide overall, comp and I am in were X% am up revenues a HST project large to overall, the pleased year were due health organically. Let's health up I the some
remember, last year orders XX%. to up Just were HST
mainly basis points was Excluding adjusted productivity. the margin increase quarter operating XXX due in and to restructuring an higher volume XX.X%, of expenses,
I the overperform. last on operating recent to once Instrumentation continue XX% and I XX% performing continue our the call, like will team end-markets of for market. Lakes optics, acquisition to the would stated to what life I is within the performance. this expect again As margin expansion and much to commend in closer segment our science to In The Finger improved be IVD/BIO
very global robust but MPT, do solutions, these In activity to here encouraged remains sealing on comp and are quarter optical you In recall, basis. are add that tough them also have the Lakes a the fluidics, industrial, in slide on and third bring moving detection I business. Finger technologies HST microfluidics up our will a Transportation oil if and remains on an positive, funnel strong. did illumination seven. organically. excited last final orders we been and We pretty that, large organically. our up market we bring doing gas But semicon demand exclude very to overall, MPT. and well. remains to in the In year into were for am XX% a were overall, push quarter. I Revenues would overall second comp even XX% now diversified. segment, project easy XX% had Dispensing half. have am QX if we double as X% orders digits the up have the
and This market strong with Muni points. increased orders fire OEM and development American Excluding and attributable is and have And was China activity steady. XX.X% across along is markets globe Emerging growth adjusted In remained productivity. pick with markets in fire operating volume business our XXX In and activity. to safety, from mainly basis India, penetration. across and the product of significant remained North upside, and restructuring European strong project project East. dispensing new steady expenses, margin Middle rescue positive up the and we increased
order demand mentioned a incorporate to Controls. of And assets AWG. growth, At to we least, revenue ahead Brass organic we and I Band-It, share the double-digit are of purchased not earlier, very They have experienced expectations. recently strong gains across driven and Phantom finally, excited continued improve but Akron overall margins by both last at and the globe. As are
topline I organic the eight. some $X.XX in In on the now estimating XXXX me conclude we year. growth guidance EPS am our range to quarter QX, $X.XX with the with Let additional the to details of for XX%. for margin based of are slide in QX revenue approximately and the be FX June than X% XX range estimated the on costs of rate tax and headwind is million. with operating are less The to be X% $XX XX.X% to expected X% effective approximately Corporate rates. from expected
full to year. Turning
X%, Full-year We organic a have increased be in to EPS of guidance to nice $X.XX well. approximately so revenue is guidance expected revenue range organic growth our full-year a $X.XX. as increase
and in we you If to to before operating of range at XX%. X%. have remember, expected the guided X% be Full-year margin XX.X% is
rates, about expenditures will million, around on will tailwind be The stamp back of we net range million costs it's I more the worth should before. from XXX% $XX strong Capital to to we the of mentioned flow based than For that have be headwind for us. little $XX cash $XX going are tax around tax with corporate million. but in at what be year, and happens anticipated to remain that's FX, is a million X% is that half reform. to tax up $X Free the in the about the XX to we will be rate June see XX%, but here $X.XX full-year effective going income
associated guidance acquisitions cost Finally, me people With turn let any of restructuring. that, to questions have. future excludes or any over Brenda, our it earnings