73 material Form 8-K filings that 66 companies we cover made with the SEC in January 2024, 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).
EZCORP reported results for the quarter ended December 31, 2023, showing higher revenue, net income and diluted earnings per share from a year earlier. Net income rose to $28.5 million from $16.8 million, and diluted EPS was $0.36 versus $0.25, which points to improved profitability for shareholders. The company will hold an earnings call on February 1, 2024.
Total revenues rose to $300.0 million from $264.3 million, up 13%.
Net income was $28.5 million versus $16.8 million; diluted EPS was $0.36 versus $0.25.
Pawn loans outstanding rose 16% to $243.3 million.
Earnings conference call is scheduled for February 1, 2024, at 8:00 am Central Time.
John B. Sanfilippo & Son reported fiscal 2024 second-quarter results for the quarter ended December 28, 2023. Net sales rose 6.2% to $291.2 million and diluted EPS rose 13.1% to $1.64, with the September 2023 Lakeville Acquisition contributing about $28.7 million of net sales. Excluding the acquisition, net sales fell 4.3% on a 2.6% decline in sales volume, so shareholders are seeing growth driven mainly by the acquisition.
Net sales increased $16.9 million, or 6.2%, to $291.2 million; excluding the Lakeville Acquisition, net sales decreased $11.8 million, or 4.3%
Diluted EPS increased 13.1% to $1.64; six-month diluted EPS increased 12.9% to $3.15
Lakeville Acquisition, completed September 29, 2023, contributed approximately $28.7 million of net sales in the quarter
A one-time $2.2 million bargain purchase gain reduced operating expenses in the quarter
Adtalem Global Education (NYSE: ATGE) reported fiscal second-quarter 2024 revenue of $393.2 million, up 8.4%, and diluted EPS of $0.98, versus $0.53 a year earlier, then raised its fiscal 2024 revenue and adjusted EPS guidance. The 8-K was filed by Adtalem, not Covista Inc. (CVSA) as the request stated, and it also discloses a short seller report published January 30, 2024 that the company says hurt its share price.
Q2 fiscal 2024 revenue $393.2 million, up 8.4%; diluted EPS $0.98 versus $0.53 a year earlier
Fiscal 2024 revenue guidance raised to $1,520 million to $1,560 million from $1,470 million to $1,530 million
Fiscal 2024 adjusted EPS guidance raised to $4.55 to $4.75 from $4.25 to $4.45
New $300 million share repurchase program authorized, running through January 2027
Powell Industries reported fiscal 2024 first-quarter results for the period ended December 31, 2023, with revenue of $194.0 million, up from $126.9 million a year earlier, and net income of $24.1 million, or $1.98 per diluted share, compared with $1.2 million, or $0.10 per share, a year earlier. The Board also approved a quarterly cash dividend of $0.2650 per share, which the company said raises the annualized dividend 1% to $1.06 from $1.05.
Revenue of $194.0 million, versus $126.9 million in the first quarter of fiscal 2023; new orders of $198 million; backlog of $1.3 billion, versus $680 million at December 31, 2022.
Gross margin of 24.8%, versus 15.3% a year earlier; net income of $24.1 million, or $1.98 per diluted share.
Quarterly dividend of $0.2650 per share, payable March 13, 2024, to shareholders of record at the close of business on February 14, 2024.
Conference call scheduled for Wednesday, January 31, 2024, at 11:00 a.m. Eastern time.
Unum Group reported fourth-quarter 2023 net income of $330.6 million, or $1.69 per diluted share, up from $289.2 million, or $1.44 per diluted share, a year earlier. The company also issued a 2024 outlook calling for after-tax adjusted operating earnings per share growth of 7 percent to 9 percent and core operations premium growth of 5 percent to 7 percent. For shareholders, the filing shows higher quarterly earnings and a forward growth target, though the outlook figures are company projections.
Q4 2023 net income of $330.6 million ($1.69 per diluted share), versus $289.2 million ($1.44) in Q4 2022
Q4 2023 total revenue of $3,145.1 million, versus $3,004.8 million in Q4 2022
2024 outlook: after-tax adjusted operating EPS growth of 7 to 9 percent; core operations premium growth of 5 to 7 percent
Holding company cash of $1.7 billion at December 31, 2023; weighted average risk-based capital ratio of approximately 415 percent
CorVel reported results for the three months ended December 31, 2023, in a press release furnished as Exhibit 99.1 to a Form 8-K. Revenue rose to $202.3 million from $179.4 million, and diluted earnings per share rose to $0.99 from $0.96, so the headline measures improved year over year.
Quarter revenue $202.3 million vs $179.4 million a year earlier; net income $17.1 million vs $16.8 million
Quarter diluted EPS $0.99 vs $0.96; nine-month diluted EPS $3.27 vs $2.73
Nine-month revenue $588.1 million vs $533.1 million
The release said new business sold rose 34% in calendar 2023, with 95% Gross Revenue Retention and 108% Net Revenue Retention
Badger Meter reported fourth quarter and full year 2023 results in a press release furnished under Item 2.02. Fourth quarter net sales rose 24% to $182.4 million and diluted EPS rose 40% to $0.84, while full year sales reached $703.6 million and diluted EPS reached $3.14, up 39%. Growth in utility water sales and higher margins drove the results, which the company says it expects to support sales and earnings growth in 2024.
Q4 2023 net sales were $182.4 million, up 24% from $147.3 million a year earlier.
Q4 2023 operating profit margin was 17.6%, up 230 basis points from 15.3%.
Full year 2023 diluted EPS was $3.14, up from $2.26, and full year net cash from operations was $110.1 million.
Management said it is confident in growing sales and earnings year-over-year in 2024; a conference call was held January 26, 2024 at 10:00 AM Central.
Colgate-Palmolive reported fourth-quarter 2023 net sales of $4,950 million, up 7.0% from a year earlier, and GAAP diluted EPS of $0.87 versus $0.01, which lapped 2022 impairment charges. For full year 2023, net sales rose 8.5% to $19,457 million and GAAP diluted EPS rose 30% to $2.77. The company guided 2024 net sales growth of 1% to 4% and double-digit GAAP EPS growth.
4Q 2023 net sales $4,950 million, up 7.0%; diluted EPS $0.87 versus $0.01 in 4Q 2022
Full-year 2023 net sales $19,457 million, up 8.5%; diluted EPS $2.77 versus $2.13
2024 guidance: net sales growth of 1% to 4% and double-digit GAAP EPS growth, including a low-single-digit negative foreign exchange impact
Gentex reported fourth-quarter and full-year 2023 results on January 26, 2024, with record net sales and higher net income and earnings per share than a year earlier. The company also issued 2024 guidance for revenue of $2.45 billion to $2.55 billion and expects 2025 revenue of $2.65 billion to $2.75 billion. For shareholders, the filing shows sales and profit growth, while the company is still working to raise gross margin to a 35% to 36% target by the end of 2024.
Q4 2023 net sales were $589.1 million, up 19% from $493.6 million; net income was $116.9 million and diluted EPS was $0.50, versus $0.37 a year earlier.
Full-year 2023 net sales were $2.30 billion, up 20%; net income was $428.4 million and diluted EPS was $1.84, versus $1.36 in 2022.
2024 guidance: revenue of $2.45 billion to $2.55 billion and gross margin of 34% to 35%.
Q4 2023 revenue included one-time cost recoveries of approximately $5 million; the company repurchased $144.7 million of shares in 2023.
Federated Hermes reported fourth-quarter 2023 earnings per diluted share of $0.96, up from $0.63 a year earlier, on net income of $82.2 million. Full-year 2023 EPS was $3.40 versus $2.65 in 2022, and total managed assets reached a record $757.6 billion at Dec. 31, 2023. The board also declared a $0.28 quarterly dividend.
Q4 2023 revenue rose 5% to $391.5 million from Q4 2022, driven mainly by higher average money market assets.
Full-year 2023 net income was $299.0 million, or $3.40 EPS, compared with $239.5 million, or $2.65 EPS, in 2022.
During Q4 2023 the company bought 1,902,861 Class B shares for $61.0 million; 2023 repurchases totaled $178.0 million.
Quarterly dividend of $0.28 per share is payable Feb. 15, 2024 to shareholders of record as of Feb. 8, 2024.
Visa reported fiscal first quarter 2024 results for the quarter ended December 31, 2023, with net revenues of $8.6 billion, up 9%, and GAAP net income of $4.9 billion, or $2.39 per share, up 20%. The board also declared a quarterly cash dividend of $0.520 per share, payable March 1, 2024, which shareholders should note alongside the results.
Net revenues were $8.6 billion, up 9% on a nominal and constant-dollar basis.
GAAP net income was $4.9 billion, or $2.39 per share; non-GAAP EPS was $2.41, up 11%.
Cross-border volume excluding intra-Europe rose 16% on a constant-dollar basis; payments volume rose 8%.
The board declared a $0.520 per share dividend on January 23, 2024, payable March 1, 2024, to holders of record as of February 9, 2024.
W. R. Berkley reported fourth-quarter 2023 net income to common stockholders of $397.3 million, or $1.47 per diluted share, up from $382.2 million, or $1.37 per diluted share, a year earlier. The company cited record pre-tax underwriting income of $315.9 million and a 23.6% return on equity, and said book value per share grew 11.6% before dividends and buybacks. For full-year 2023, diluted EPS rose to $5.05 from $4.94, while net income was roughly flat at $1.38 billion.
Q4 2023 net income to common stockholders: $397.3 million, versus $382.2 million in Q4 2022
Q4 2023 diluted EPS: $1.47, versus $1.37; full-year diluted EPS: $5.05, versus $4.94
Record Q4 pre-tax underwriting income of $315.9 million, up 8.2%
Book value per share was $29.06 at December 31, 2023, versus $25.51 a year earlier
OFG Bancorp reported fourth-quarter 2023 results, with diluted earnings per share of $0.98 compared with $0.95 in the prior quarter and $0.97 a year earlier. Total core revenues rose to $175.6 million from $172.2 million in 3Q23 and $168.3 million in 4Q22, and full-year 2023 diluted EPS was $3.83 versus $3.44 in 2022. The filing contains results only and gives no guidance for future periods.
4Q23 diluted EPS $0.98 vs. $0.95 in 3Q23 and $0.97 in 4Q22
4Q23 total core revenues $175.6 million vs. $172.2 million in 3Q23
Full-year 2023 diluted EPS $3.83 vs. $3.44 in 2022; total core revenues $682.7 million vs. $607.8 million
4Q23 included a $6.3 million pre-tax gain on sale of non-performing loans and $3.2 million in severance and lease cancellation costs
Elevance Health reported fourth-quarter and full-year 2023 results in a press release furnished under Item 2.02 of this 8-K. Quarterly operating revenue rose 7.0% to $42.5 billion and GAAP diluted EPS rose 1.1% to $3.63, while the company set a full-year 2024 GAAP diluted EPS outlook of greater than $34.29, compared with $25.22 for 2023, and raised its quarterly dividend 10.1% to $1.63 per share.
4Q 2023 operating revenue $42.5 billion, up 7.0%; GAAP diluted EPS $3.63, up 1.1%; adjusted diluted EPS $5.62, up 15.2%
FY 2024 GAAP diluted EPS outlook greater than $34.29; adjusted diluted EPS outlook greater than $37.10, versus FY 2023 GAAP diluted EPS of $25.22
Quarterly dividend increased 10.1% to $1.63 per share
4Q 2023 operating margin was 3.0%, down from 3.2% in 4Q 2022
East West Bancorp reported full-year 2023 net income of $1.2 billion, or $8.18 per diluted share, both up 3% from 2022, while revenue rose 11% to $2.6 billion. Excluding a $70 million pre-tax FDIC special assessment charge and other items, adjusted diluted EPS was $8.56. The board declared a 15% increase in the quarterly common dividend to $0.55 per share, which matters to shareholders as a direct cash return.
Full-year 2023 net income was $1.2 billion, or $8.18 per diluted share, up 3% year-over-year; adjusted diluted EPS was $8.56.
Full-year 2023 revenue was $2.6 billion, up $263 million, or 11%.
Fourth-quarter 2023 net income was $239 million, or $1.69 per diluted share.
Quarterly dividend rises to $0.55 per share from $0.48, payable February 15, 2024, to holders of record on February 2, 2024.
Agilysys reported fiscal 2024 third-quarter results for the period ended December 31, 2023, with total net revenue up 21.3% to a record $60.6 million and adjusted EBITDA up to $11.8 million from $8.1 million a year earlier. The company raised its fiscal 2024 Adjusted EBITDA expectation to 15% of revenue and reiterated its full-year revenue guidance of $235 million to $238 million. GAAP net income of $76.9 million was boosted by a $65.1 million release of tax valuation allowances.
Total net revenue rose 21.3% to $60.6 million from $49.9 million; subscription revenue grew 29.9% year-over-year.
GAAP net income attributable to common shareholders was $76.9 million, or $2.85 per diluted share, versus $0.13 a year earlier, including a $65.1 million valuation allowance release.
Adjusted diluted EPS was $0.35 versus $0.26; adjusted EBITDA was $11.8 million versus $8.1 million.
Fiscal 2024 Adjusted EBITDA guidance raised to 15% of revenue; revenue guidance of $235 million to $238 million reiterated.
Interactive Brokers reported fourth-quarter 2023 GAAP diluted EPS of $1.48, up from $1.31 a year earlier, and GAAP net revenues of $1,139 million, up from $976 million. Net interest income rose 29% to $730 million on higher benchmark interest rates, customer margin loans and customer credit balances, while the company also declared a quarterly cash dividend of $0.10 per share.
GAAP diluted EPS of $1.48 vs. $1.31 a year earlier; adjusted diluted EPS of $1.52 vs. $1.30
GAAP net revenues of $1,139 million vs. $976 million; net interest income up 29% to $730 million
Commission revenue up 5% to $348 million; options contract volume up 21%, stock share volume down 22%
Quarterly cash dividend of $0.10 per share, payable March 14, 2024, to holders of record as of March 1, 2024
InterDigital released unaudited preliminary results for the quarter ended December 31, 2023, and an initial first-quarter 2024 outlook. Expected Q4 net income of about $34 million and diluted EPS of about $1.20 are both above the prior expectations, mainly due to an expected release of a valuation allowance against deferred tax assets in certain foreign jurisdictions. The company warned that final results could differ materially, with final figures due February 15, 2024.
Q4 2023 revenue expected at about $105 million, in line with prior guidance
Q4 net income expected at about $34 million, above the prior $18 million to $21 million; diluted EPS about $1.20 vs. prior $0.70 to $0.80
Q4 operating expenses expected at about $81 million, up from $77 million to $79 million due to higher litigation costs and performance-based compensation
Q1 2024 outlook: revenue $245 million to $255 million and net income $70 million to $85 million; final results due February 15, 2024
The trust's sponsor, Franklin Holdings, LLC, signed an amended and restated sponsor agreement for the Franklin Bitcoin ETF that lowers the sponsor fee from 0.29% to 0.19% of net assets annually. The sponsor will also waive part of its fee so that it equals 0.00% on the first $10.0 billion of fund assets from January 12, 2024 through August 2, 2024, which lowers the fund's costs for shareholders during that period.
Sponsor fee reduced from 0.29% to 0.19% annually under the amended agreement dated January 12, 2024
Fee waiver sets the sponsor fee at 0.00% on the first $10.0 billion of fund assets from January 12, 2024 through August 2, 2024
Amended agreement replaces the prior sponsor agreement dated January 5, 2024; full text filed as Exhibit 10.7
Vericel said in a January 9, 2024 press release and updated investor presentation that full-year 2023 total net revenue is expected to be about $197.5 million, up 20%, with fourth-quarter revenue of about $65.0 million, up 23%. The figures are preliminary and unaudited, and the company warned that final results may differ materially. The company also reported about $152 million in cash, restricted cash and investments and no debt as of December 31, 2023.
Full-year 2023 MACI net revenue expected at about $164.8 million, up 25%; Burn Care about $32.7 million
Fourth-quarter 2023 total net revenue expected at about $65.0 million, up 23%; gross margin expected above 70%
Full-year 2023 adjusted EBITDA margin expected in the mid-teens percentage range, with adjusted EBITDA growth of about 30%
Results are preliminary and unaudited; the company's J.P. Morgan presentation is scheduled for January 10, 2024
PriceSmart reported first quarter fiscal 2024 results for the quarter ended November 30, 2023, with total revenues up 10.6% to $1.17 billion and net income up 15.5% to $38.0 million, or $1.24 per diluted share, versus $1.05 a year earlier. The results show growth in both sales and profit, though part of the sales gain came from favorable currency effects; the filing contains no guidance.
Total revenues rose 10.6% to $1.17 billion; net merchandise sales rose 10.7% to $1.14 billion
Net merchandise sales grew 6.8% on a constant-currency basis; currency added 3.9 percentage points
Net income was $38.0 million, or $1.24 per diluted share, versus $32.9 million, or $1.05, a year earlier
Adjusted EBITDA was $77.8 million versus $75.2 million; the company will host a conference call on January 10, 2024 at 12:00 p.m. Eastern time
Glaukos said preliminary, unaudited net sales were expected to exceed $81 million for the fourth quarter and $313 million for fiscal 2023, compared with $283 million for 2022 as shown in its investor presentation. The company also reaffirmed its 2024 net sales guidance of $350 million to $360 million, so shareholders have a preliminary sales figure ahead of audited results and no change to the outlook.
Preliminary fourth-quarter 2023 net sales expected to be in excess of $81 million
Preliminary full-year 2023 net sales expected to be in excess of $313 million, versus $283 million in 2022 per the investor presentation
2024 net sales guidance reaffirmed at $350 million to $360 million
Figures are preliminary and unaudited, per the press release dated January 9, 2024
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.