84 material Form 8-K filings that 83 companies we cover made with the SEC in October 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).
PJT Partners reported third-quarter 2023 revenue of $278 million, up 5% from a year earlier, driven by higher advisory revenue. GAAP diluted earnings per share fell to $0.68 from $0.82, and placement revenue dropped 33%, so profit moved in the opposite direction from revenue.
Q3 2023 total revenues were $278 million, up 5% from $266 million; advisory revenues rose 9% to $244 million while placement revenues fell 33% to $27 million.
GAAP diluted EPS was $0.68 versus $0.82 a year earlier; adjusted EPS was $0.78 versus $0.96.
Nine-month revenues were a record $825 million, up 11%, while nine-month GAAP diluted EPS was $2.20 versus $2.56.
As of September 30, 2023, the company held $355 million in cash, cash equivalents and short-term investments with no funded debt; the board declared a $0.25 quarterly dividend payable December 20, 2023.
Vornado Realty Trust reported third-quarter 2023 results on October 30, 2023. GAAP net income attributable to common shareholders rose to $52.8 million, or $0.28 per diluted share, from $7.8 million, or $0.04, a year earlier, but FFO fell to $119.5 million, or $0.62 per diluted share, from $152.5 million, or $0.79. The mixed picture matters to shareholders because FFO, adjusted for one-time items, fell to $127.2 million, or $0.66 per share, from $157.4 million, or $0.81.
Q3 2023 net income attributable to common shareholders was $52.8 million ($0.28 per diluted share), versus $7.8 million ($0.04) in Q3 2022.
Q3 2023 FFO attributable to common shareholders plus assumed conversions was $119.5 million ($0.62 per diluted share), versus $152.5 million ($0.79).
Adjusted FFO was $127.2 million ($0.66 per diluted share), versus $157.4 million ($0.81) in Q3 2022; the company cited a $11.9 million prior period accrual adjustment in 2022 and $7.3 million higher net interest expense.
Net gain of $36.0 million from contributing the Pier 94 leasehold interest to a joint venture was a factor in the net income comparison.
Piper Sandler reported third-quarter 2023 U.S. GAAP net revenues of $289.5 million, flat from the second quarter and down 13% from a year earlier. Net income applicable to the company was $3.9 million, or $0.22 per diluted share, after a $16.4 million expense tied to a potential SEC settlement over recordkeeping, and the company declared a $0.60 quarterly dividend. Adjusted EPS of $1.76 excludes that expense, so the GAAP figures are the more direct comparison for shareholders.
GAAP net revenues of $289.5 million were flat versus Q2 2023 and down 13% versus Q3 2022.
GAAP pre-tax loss of $3.5 million, a pre-tax margin of -1.2%, compared with pre-tax income of $14.4 million in Q2 2023.
$16.4 million of non-compensation expenses relate to a potential regulatory settlement with the SEC on business communications recordkeeping.
Quarterly dividend of $0.60 per share, payable December 8, 2023, to holders of record as of November 21, 2023.
Ameris Bancorp reported unaudited third-quarter 2023 net income of $80.1 million, or $1.16 per diluted share, up from $62.6 million ($0.91) in the second quarter but down from $92.6 million ($1.34) in the third quarter of 2022. The board also authorized up to $100.0 million in share repurchases through October 31, 2024, and the company will discuss results on a call on October 27, 2023.
Net income of $80.1 million, or $1.16 per diluted share, versus $62.6 million ($0.91) in Q2 2023 and $92.6 million ($1.34) in Q3 2022
Net interest margin fell to 3.54% from 3.97% a year earlier, which the company attributed mainly to rising deposit costs
Board authorized repurchases of up to $100.0 million of common stock, effective through October 31, 2024
Tangible book value per share was $32.38 at September 30, 2023, up from $28.62 a year earlier
AMERISAFE reported third-quarter 2023 net income of $10.0 million, down 12.3% from $11.4 million a year earlier, with diluted EPS of $0.52 versus $0.59. Total revenues rose to $72.6 million from $71.4 million, but net premiums earned fell 1.7% and the net combined ratio rose to 90.6% from 85.4%. The board also declared a $3.50 per share special dividend payable December 15, 2023, to shareholders of record as of December 1, 2023.
Q3 2023 net income $10.0 million vs. $11.4 million in Q3 2022; diluted EPS $0.52 vs. $0.59
Q3 2023 operating EPS $0.61 vs. $0.73 a year earlier; net combined ratio 90.6% vs. 85.4%
Special dividend of $3.50 per share, payable December 15, 2023, to holders of record as of December 1, 2023
Regular quarterly dividend of $0.34 per share declared October 24, 2023, on the same payment and record dates
Plexus reported fiscal fourth-quarter 2023 revenue of $1.02 billion, down from $1.12 billion a year earlier, and GAAP diluted EPS of $1.44, down from $1.78. For fiscal 2023, revenue rose to $4.21 billion from $3.81 billion and GAAP diluted EPS was $4.95 versus $4.86, after $0.75 of restructuring and other charges. The company guided fiscal first-quarter 2024 revenue to $990 million to $1.03 billion and GAAP diluted EPS to $1.15 to $1.33.
Q4 fiscal 2023 revenue $1.02 billion vs. $1.12 billion in Q4 fiscal 2022; GAAP diluted EPS $1.44 vs. $1.78
Fiscal 2023 revenue $4.21 billion vs. $3.81 billion; GAAP diluted EPS $4.95 vs. $4.86, including $0.75 of restructuring and other charges
Q1 fiscal 2024 guidance: revenue $990 million to $1.03 billion; GAAP diluted EPS $1.15 to $1.33
Healthcare Services Group reported a GAAP net loss of $5.5 million, or $(0.07) per diluted share, for the quarter ended September 30, 2023, compared with net income of $0.3 million a year earlier. Excluding non-GAAP adjustments, including $21.7 million of client restructuring charges, adjusted diluted EPS was $0.17, up 13.3%, and the company raised its second-half 2023 operating cash flow expectation to $35.0 million to $45.0 million.
GAAP revenue was $411.4 million versus $414.5 million in Q3 2022; adjusted revenue was $424.0 million.
Net loss of $5.5 million, or $(0.07) per diluted share, compared with net income of $0.3 million in Q3 2022.
Adjusted diluted EPS of $0.17 versus $0.15 a year earlier; adjusted cash flow from operations was $18.0 million.
Second-half 2023 cash flow from operations expectation raised to $35.0 million to $45.0 million from $20.0 million to $30.0 million.
East West Bancorp reported third-quarter 2023 net income of $288 million, or $2.02 per diluted share, down 3% from a year earlier, while revenue rose 3% to $648 million. The company said it plans to restart share repurchases in the fourth quarter, with $254 million remaining under its authorization.
Net income was $288 million, down from $295 million in the third quarter of 2022.
Diluted EPS was $2.02, compared with $2.08 a year earlier; net income also fell from $312 million in the second quarter.
Revenue was $648 million, up from $627 million a year earlier.
Board declared a $0.48 per share dividend payable November 15, 2023; no shares were repurchased in Q3 2023, and $254 million remains under the authorization.
M&T Bank reported third quarter 2023 net income of $690 million, or $3.98 per diluted share, down from $867 million and $5.05 in the second quarter but up from $647 million and $3.53 a year earlier. The sequential drop mainly reflects a $225 million gain on the sale of its Collective Investment Trust business in the second quarter, and the company did not repurchase any shares in the quarter.
Net income $690 million vs. $867 million in Q2 2023 and $647 million in Q3 2022
Diluted EPS $3.98 vs. $5.05 in Q2 2023 and $3.53 in Q3 2022; diluted net operating EPS $4.05, up 6% from $3.83 a year earlier
Net interest margin narrowed to 3.79% from 3.91% in Q2 2023; nonaccrual loans fell to 1.77% of loans from 1.83%
Estimated CET1 capital ratio rose to 10.94% from 10.59%; no share repurchases in Q3 2023
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.