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8-K filings in August 2023, explained

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).

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Universal Display Q2 revenue rises to $146.6 million; 2023 revenue guidance narrowed

Positive earnings Written later 2.02

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
Read the filing on SEC.gov ↗

International Bancshares: first-half net income rises 81% to $202.1 million

Positive earnings Written later 2.02

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
Read the filing on SEC.gov ↗
CWCURTISS WRIGHT CORP Aug 3, 7:30 AM ET

Curtiss-Wright raises 2023 guidance after Q2 sales rise 16% to $704 million

Positive guidance Written later 2.02

Curtiss-Wright reported second-quarter 2023 sales of $704 million, up 16%, and diluted EPS of $2.10 versus $1.83 a year earlier, with adjusted diluted EPS of $2.15, up 18%. The company raised its full-year 2023 adjusted guidance for sales, operating income, diluted EPS and free cash flow, with adjusted diluted EPS now expected at $8.90 to $9.15 versus the prior $8.65 to $8.90.

  • Q2 2023 sales of $704 million, up 16%; reported operating income of $113 million, with a 16.0% operating margin
  • Diluted EPS of $2.10 (reported) and $2.15 (adjusted), compared with $1.83 in Q2 2022
  • Full-year 2023 adjusted sales growth raised to 7% to 9% from 4% to 6%; adjusted diluted EPS raised to $8.90 to $9.15 from $8.65 to $8.90
  • Naval & Power adjusted operating income fell 1% to $49 million, with adjusted margin down 230 basis points to 17.6%
Read the filing on SEC.gov ↗

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.