Discontinued — last reported Q4 '23
IDEX Micropump — Total Net Sales remained flat by 0.0% to $5.48M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 43.1%, from $9.63M to $5.48M. Over 2 years (FY 2021 to FY 2023), Micropump — Total Net Sales shows a downward trend with a -18.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates growing market adoption or successful product expansion, while a decrease may signal market saturation, competitive pressure, or a shift in customer demand for precision fluidic systems.
This metric represents the total revenue generated from the sale of products and services within the Micropump business...
Comparable to revenue metrics for specialized industrial component divisions or niche precision engineering product lines at diversified manufacturing peers.
iex_segment_micropump_total_net_sales| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $32.90M | $38.50M | $21.90M |
| YoY Change | — | +17.0% | -43.1% |