22 material Form 8-K filings that 21 companies we cover made with the SEC in August 2023, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).
Life360 reported unaudited second-quarter 2023 results on August 14, 2023, with total revenue of $70.8 million, up 45% from a year earlier. The company posted a net loss of $4.4 million, down from $33.0 million in the prior-year quarter, and positive Adjusted EBITDA of $5.7 million. It raised calendar 2023 Adjusted EBITDA guidance to $9 million to $14 million while reiterating consolidated revenue guidance of $300 million to $310 million.
Total revenue of $70.8 million, up 45% year over year; core Life360 subscription revenue of $47.6 million, up 57%.
Net loss of $4.4 million versus $33.0 million in Q2 2022; Adjusted EBITDA of $5.7 million versus a loss of $18.7 million a year earlier.
CY23 Adjusted EBITDA guidance raised to $9 million to $14 million from $5 million to $10 million.
Cash, cash equivalents and restricted cash of $64.2 million at June 30, 2023, after the final Tile acquisition payment.
Berkshire Hathaway reported second-quarter 2023 net earnings attributable to shareholders of $35.9 billion, compared with a net loss of $43.6 billion in the second quarter of 2022. Operating earnings, which exclude investment and derivative gains and losses, rose to $10.0 billion from $9.4 billion, and the company said it repurchased about $1.4 billion of its shares during the quarter.
Net earnings were $35.9 billion in Q2 2023 versus a $43.6 billion loss in Q2 2022; investment and derivative gains were $25.9 billion, compared with losses of $53.0 billion a year earlier.
Operating earnings were $10.0 billion in Q2 2023, up from $9.4 billion in Q2 2022.
Berkshire repurchased about $1.4 billion of its shares in Q2 2023, bringing the six-month total to $5.8 billion.
Insurance float was about $166 billion at June 30, 2023, up about $2 billion from year-end 2022.
Universal Display reported second quarter 2023 revenue of $146.6 million, up from $136.6 million a year earlier, and net income of $49.7 million, or $1.04 per diluted share, versus $0.87 a year earlier. The company raised the lower end of its 2023 revenue guidance to a range of $560 million to $600 million, which indicates the full-year outlook is tracking closer to prior expectations.
Q2 2023 total revenue of $146.6 million vs. $136.6 million in Q2 2022; net income of $49.7 million, or $1.04 per diluted share, vs. $0.87
2023 revenue guidance: $560 million to $600 million, with the lower end raised from the previous range
Third quarter cash dividend of $0.35 per share, payable September 29, 2023 to holders of record on September 15, 2023
International Bancshares reported net income of $202.1 million, or $3.25 diluted earnings per share, for the six months ended June 30, 2023, up 81.3% from $111.5 million, or $1.76 per share, a year earlier. The company attributed the gain mainly to higher net interest income, tied to its investment portfolio, interest earned at the Federal Reserve Bank and loan interest income. Total deposits and total assets declined from December 31, 2022, which shareholders may weigh alongside the earnings increase.
Six-month net income was $202.1 million, or $3.25 diluted EPS, versus $111.5 million, or $1.76, in the same period of 2022
Deposits were $11.9 billion at June 30, 2023, down from $12.7 billion at December 31, 2022
Total assets were $14.9 billion at June 30, 2023, down from $15.5 billion at December 31, 2022
United States Lime & Minerals reported second-quarter 2023 revenue of $74.0 million, up 22.3% from $60.5 million a year earlier, and net income of $19.7 million ($3.45 per diluted share), up 92.5%. The company also declared a regular quarterly dividend of $0.20 per share, and its CEO flagged rising production costs and softening steel demand as risks to future demand and prices.
Q2 2023 revenue $74.0 million vs. $60.5 million in Q2 2022, up 22.3%
Q2 2023 net income $19.7 million ($3.45 per diluted share) vs. $10.2 million ($1.80) a year earlier
Quarterly dividend of $0.20 per share payable September 15, 2023, to holders of record August 25, 2023
CEO cited continued pressure on energy, parts, supplies and labor costs and softer steel customer demand
EZCORP reported results for the third fiscal quarter ended June 30, 2023. Revenue rose 19% to $255.8 million, net income rose to $18.2 million from $12.2 million, and diluted earnings per share were $0.24 versus $0.17. For the nine months, net income fell to $28.2 million from $42.8 million, and nine-month diluted EPS was $0.38 versus $0.59.
Pawn loans outstanding rose 12% to $229.4 million, which the company described as a record.
Adjusted diluted EPS was $0.20, up from $0.16 a year earlier, excluding certain items.
Nine-month net income was $28.2 million, down from $42.8 million in the prior-year period.
Management will hold an earnings conference call on August 3, 2023, at 8:00 am Central Time.
Graham Holdings reported second-quarter 2023 net income attributable to common shares of $122.8 million ($25.89 per share), compared with a net loss of $67.5 million in the second quarter of 2022. Excluding certain items, net income was $61.6 million ($12.97 per share), up from $59.7 million ($12.07 per share) a year earlier. Revenue rose 18% to $1,105.0 million, and operating income increased to $58.1 million from $39.3 million.
Revenue for the quarter ended June 30, 2023 was $1,105.0 million, up 18% from $933.3 million
Operating income was $58.1 million, compared with $39.3 million in the second quarter of 2022
Net income included $78.6 million in net gains on marketable equity securities, after-tax $57.9 million
For the first six months of 2023, net income attributable to common shares was $175.1 million ($36.67 per share), versus $28.1 million a year earlier
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Briefs marked “Written later” were written in November 2026 for filings that were by then more than three weeks old, so months before mid-October 2026 hold a selection: every material 8-K of the past year for the 100 largest companies we cover and the last 15 important 8-Ks of every other one. Briefs the number check holds back are not shown or counted. Also: the last 45 days, briefs by company, A–Z and the live SEC filings wire.