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8-K filings in November 2023, explained

56 material Form 8-K filings that 54 companies we cover made with the SEC in November 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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MMIMarcus & Millichap, Inc. Nov 2, 8:45 PM ET

Marcus & Millichap Q3 revenue falls 50.0% to $162.0 million; net loss of $9.2 million

Negative earnings Written later 2.02

Marcus & Millichap reported third-quarter 2023 revenue of $162.0 million, down 50.0% from $323.8 million a year earlier, and a net loss of $9.2 million, or $0.24 per diluted share, compared with net income of $21.4 million, or $0.53 per share, in the prior-year quarter. The company said the commercial real estate market remains disrupted by higher interest rates and financing constraints, and that growth initiatives such as talent acquisition weighed on earnings.

  • Total revenue $162.0 million versus $323.8 million; real estate brokerage commissions $139.8 million versus $292.9 million
  • Net loss $9.2 million, or $0.24 per diluted share, versus net income of $21.4 million, or $0.53 per diluted share
  • Adjusted EBITDA $(6.6) million versus $36.6 million in Q3 2022
  • Nine-month net loss $23.8 million, or $0.61 per diluted share, versus net income of $96.3 million, or $2.39 per share
Read the filing on SEC.gov ↗
QLYSQUALYS, INC. Nov 2, 4:09 PM ET

Qualys raises 2023 EPS guidance after 13% Q3 revenue growth to $142.0 million

Positive earnings Written later 2.02

Qualys reported third-quarter 2023 revenue of $142.0 million, up 13% from a year earlier, and GAAP net income of $46.5 million, or $1.24 per diluted share, versus $0.71 a year earlier. The company raised its full-year 2023 GAAP EPS guidance to $3.71-$3.81 from $3.07-$3.22, which is a positive signal for shareholders, though the filing notes that about $0.29 of the quarter's EPS came from a change in tax estimates.

  • Q3 2023 revenue was $142.0 million, up 13% from $125.6 million in Q3 2022.
  • GAAP net income was $46.5 million, or $1.24 per diluted share, versus $0.71 a year earlier; about $0.29 per share reflected a tax estimate change.
  • Full-year 2023 GAAP EPS guidance was raised to $3.71-$3.81 from $3.07-$3.22; non-GAAP EPS guidance rose to $5.04-$5.14 from $4.50-$4.65.
  • Q3 operating cash flow was $92.4 million, up 119% from $42.2 million.
Read the filing on SEC.gov ↗

Universal Display Q3 revenue falls to $141.1 million; 2023 revenue guidance revised

Negative earnings Written later 2.025.02

Universal Display reported third-quarter 2023 revenue of $141.1 million, down from $160.6 million a year earlier, and net income of $51.5 million, or $1.08 per diluted share, versus $53.5 million, or $1.12, in the prior-year quarter. The company revised its 2023 revenue guidance to a range of $565 million to $590 million and declared a fourth-quarter cash dividend of $0.35 per share.

  • Q3 2023 total revenue was $141.1 million, compared with $160.6 million in Q3 2022; royalty and license fees fell to $45.9 million from $71.5 million
  • Q3 2023 operating income was $48.4 million, compared with $68.5 million; net income was $51.5 million, or $1.08 per diluted share
  • 2023 revenue is now expected to be in the range of $565 million to $590 million
  • Fourth-quarter dividend of $0.35 per share is payable December 29, 2023, to holders of record on December 15, 2023
Read the filing on SEC.gov ↗

ServisFirst CFO Bud Foshee to retire; Kirk Pressley named successor

Neutral leadership Written later 5.02

ServisFirst Bancshares said Chief Financial Officer William "Bud" Foshee will retire after the Form 10-K filing in February 2024, and the board appointed Kirk Pressley to succeed him. A CFO change is a significant leadership transition for shareholders, and the filing says Pressley's compensation has not changed as a result of the appointment.

  • Foshee notified the board on November 1, 2023 that he will retire as CFO after the Form 10-K filing in February 2024, following 19 years of service.
  • Kirk Pressley, 57, joined ServisFirst Bank as Executive Vice President of Strategic Planning in July 2023 and previously served as CFO of BBVA USA from 2015 to 2021.
  • No changes have been made to Pressley's compensation as a result of being named successor.
  • Edison "Ed" Woodie and Davis Mange remain on the finance team, according to the press release.
Read the filing on SEC.gov ↗
CWCURTISS WRIGHT CORP Nov 2, 7:32 AM ET

Curtiss-Wright Q3 sales rise 15% to $724 million; full-year guidance raised

Positive earnings Written later 2.02

Curtiss-Wright reported third-quarter 2023 sales of $724 million, up 15%, and GAAP diluted EPS of $2.51 versus $1.91 a year earlier. The company raised its full-year 2023 adjusted diluted EPS guidance to $9.00 to $9.20 from $8.90 to $9.15, and raised its sales growth and free cash flow ranges.

  • Q3 2023 sales of $724 million, up 15%; reported operating margin of 18.3%
  • GAAP diluted EPS of $2.51 vs $1.91; adjusted diluted EPS of $2.54, up 23%
  • 2023 adjusted diluted EPS guidance raised to $9.00 to $9.20 from $8.90 to $9.15; sales growth guidance raised to 8% to 10%
  • Backlog of $2.9 billion, up 12% from December 31, 2022; conference call on November 2, 2023 at 10:00 a.m. ET
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.