149 material Form 8-K filings that 134 companies we cover made with the SEC in February 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).
Veralto reported fourth-quarter 2023 sales of $1,288 million, up 3.3% from a year earlier, while GAAP net earnings fell to $200 million, or $0.81 per diluted share, from $216 million, or $0.88. The company also gave 2024 targets, including adjusted diluted EPS of $3.20 to $3.30 for the full year, which shareholders can compare with the $3.19 adjusted figure reported for 2023.
Q4 2023 sales rose 3.3% year over year to $1,288 million, with non-GAAP core sales growth of 1.7%.
Q4 GAAP net earnings were $200 million, or $0.81 per diluted share, versus $216 million, or $0.88, a year earlier; adjusted diluted EPS was $0.87 versus $0.80.
For 2024, Veralto targets adjusted diluted EPS of $3.20 to $3.30 and low-single-digit core sales growth; Q1 2024 adjusted EPS is expected at $0.73 to $0.78.
Full-year 2023 net earnings were $839 million, or $3.40 per diluted share, and operating cash flow was $963 million.
American Assets Trust reported fourth-quarter and full-year 2023 results, with revenue, net income and FFO per diluted share all higher than in 2022. Full-year total revenue was $441.2 million versus $422.6 million, and FFO per diluted share rose 3% to $2.40. The company introduced 2024 FFO per diluted share guidance of $2.19 to $2.33, a midpoint of $2.26, and the filing does not compare this with any prior guidance.
Q4 2023 net income to common stockholders was $10.5 million, or $0.17 per diluted share, versus $9.6 million, or $0.16, in Q4 2022.
Full-year 2023 FFO per diluted share was $2.40, up 3% from $2.34; Q4 FFO per diluted share was $0.57, up 2% from $0.56.
2024 FFO per diluted share guidance is $2.19 to $2.33, with a midpoint of $2.26.
A first-quarter 2024 dividend of $0.335 per share is payable March 21, 2024 to holders of record on March 7, 2024.
Enact Holdings reported fourth-quarter 2023 net income of $157 million, or $0.98 per diluted share, up from $144 million, or $0.88 per share, in the fourth quarter of 2022 but down from $164 million in the third quarter of 2023. For full year 2023, net income was $666 million, or $4.11 per diluted share, compared with $704 million, or $4.31 per share, in 2022, while new insurance written fell 27% from the prior quarter.
Q4 2023 net income $157 million, or $0.98 per diluted share, versus $144 million, or $0.88, in Q4 2022 and $164 million, or $1.02, in Q3 2023
Full year 2023 net income $666 million, or $4.11 per diluted share, versus $704 million, or $4.31, in 2022
New insurance written was $10 billion in Q4 2023, down 27% from $14 billion in Q3 2023 and down 31% from a year earlier
Primary insurance in-force reached a record $263 billion, up 6% from $248 billion a year earlier; the company returned over $300 million to shareholders in 2023
Advanced Energy reported fourth-quarter and full-year 2023 results on February 6, 2024. Q4 revenue of $405.3 million was down from $490.7 million a year earlier, and full-year 2023 revenue fell 10% from $1.85 billion, while GAAP EPS from continuing operations dropped to $3.46 from $5.35. For shareholders, the year-over-year declines in revenue and earnings are the main takeaway, and the company guided first-quarter 2024 revenue to a range of $335 million to $365 million.
Q4 2023 revenue was $405.3 million, versus $410.0 million in Q3 2023 and $490.7 million in Q4 2022
Q4 2023 GAAP diluted EPS from continuing operations was $1.01, including a $25.6 million tax benefit and an $18.1 million restructuring and impairment charge
Full-year 2023 GAAP diluted EPS from continuing operations was $3.46, versus $5.35 in 2022; non-GAAP EPS was $4.88 versus $6.49
Q1 2024 revenue guidance is $335 million to $365 million, with non-GAAP EPS guidance of $0.50 to $0.90
Douglas Emmett reported a fourth-quarter 2023 net loss attributable to common stockholders of $40.5 million, or $0.24 per diluted share, compared with net income of $24.3 million a year earlier, with the company citing a $36.2 million impairment charge on its interest in an unconsolidated fund. Revenue rose 2.0% to $259.3 million, but funds from operations fell 12.0% to $92.9 million, and the company gave 2024 per-share guidance of $0.04 to $0.10 for diluted net income and $1.64 to $1.70 for FFO.
Q4 2023 revenues rose 2.0% to $259.3 million, helped by a one-time $5.5 million ground rent back payment
Q4 2023 net loss attributable to common stockholders of $40.5 million, or $0.24 per diluted share, versus net income of $24.3 million in Q4 2022
Q4 2023 FFO fell 12.0% to $92.9 million, or $0.46 per fully diluted share
2024 guidance: net income per diluted share of $0.04 to $0.10 and FFO per fully diluted share of $1.64 to $1.70
Fortinet reported fourth-quarter 2023 revenue of $1.42 billion, up 10.3% from a year earlier, and full-year 2023 revenue of $5.30 billion, up 20%. GAAP diluted earnings per share were $0.40 in the quarter, flat year over year, while full-year GAAP diluted earnings per share rose 38% to $1.46. The company also gave first-quarter and full-year 2024 guidance, including full-year 2024 revenue of $5.715 billion to $5.815 billion.
Q4 2023 revenue of $1.42 billion, up 10.3%; product revenue fell 9.6% to $488.1 million while service revenue rose 24.8% to $927.0 million
Full-year 2023 GAAP diluted EPS of $1.46, up 38%; Q4 GAAP diluted EPS of $0.40, unchanged from the prior-year quarter
Q1 2024 revenue guidance of $1.300 billion to $1.360 billion; full-year 2024 revenue guidance of $5.715 billion to $5.815 billion
Share repurchases of $1.50 billion in 2023; about $1.03 billion remained available as of February 6, 2024
Cirrus Logic reported fiscal third-quarter 2024 revenue of $619.0 million, up 5% from a year earlier, with GAAP diluted earnings per share of $2.50 versus $1.83 a year earlier. The company guided fourth-quarter revenue to $290 million to $350 million, down 48% sequentially and down 14% year over year at the midpoint, which is a sharp decline for shareholders to weigh against the quarter's results.
Q3 FY24 revenue was $619.0 million; GAAP diluted EPS was $2.50 and non-GAAP diluted EPS was $2.89, compared with $1.83 and $2.40 in Q3 FY23.
Q4 FY24 revenue guidance is $290 million to $350 million, down 48% sequentially and down 14% year over year at the midpoint.
One customer accounted for approximately 89 percent of total Q3 FY24 revenue.
The company repurchased 780,517 shares for $56.9 million in the quarter and had $365.1 million left in its repurchase authorization.
AMETEK reported record fourth-quarter 2023 sales of $1.73 billion, up 6.5%, and adjusted diluted earnings of $1.68 per share, up 11%, with full-year 2023 sales of $6.60 billion. The company expects 2024 sales to rise by low double digits and adjusted earnings of $6.70 to $6.85 per share, an increase of 5% to 7%, which gives shareholders a forward profit range.
Q4 2023 sales $1.73 billion, up 6.5%; operating margin 25.7%
Lear reported fourth-quarter and full-year 2023 results on February 6, 2024, with sales and earnings higher than in 2022. The company also gave 2024 guidance of $24.0 billion to $24.6 billion in net sales and $1,155 million to $1,305 million in core operating earnings. Shareholders get a year-over-year profit increase plus a forward outlook, with the company also reporting $313 million in full-year share repurchases.
Q4 2023 sales were $5.8 billion, up 9% from $5.4 billion; diluted EPS was $2.18 vs $1.97 a year earlier
Full-year 2023 sales were $23.5 billion, up 12%; diluted EPS was $9.68 vs $5.47 and adjusted EPS was $12.02 vs $8.72
2024 outlook: net sales of $24.0 billion to $24.6 billion; core operating earnings of $1,155 million to $1,305 million
Full-year 2023 free cash flow was $638 million and the company repurchased $313 million of its shares
Energizer Holdings reported fiscal first-quarter 2024 results for the quarter ended December 31, 2023, with net sales down 6.3% to $716.6 million and GAAP diluted EPS of $0.03, versus $0.68 a year earlier. The company reaffirmed its fiscal 2024 outlook and raised its Project Momentum savings estimate, but a $21.0 million Argentina currency loss and higher SG&A weighed on profit.
Net sales were $716.6 million versus $765.1 million, down 6.3%; organic net sales fell 7.4%.
Adjusted diluted EPS was $0.59 versus $0.72 a year earlier; GAAP diluted EPS was $0.03 versus $0.68.
Fiscal 2024 Adjusted EPS outlook of $3.10 to $3.30 and Adjusted EBITDA outlook of $600 million to $620 million were reaffirmed.
Project Momentum savings estimate was raised to $160 million to $180 million from $130 million to $150 million.
PJT Partners reported record full-year 2023 revenues of $1.15 billion, up 12%, and record fourth-quarter revenues of $329 million, up 17%. GAAP diluted EPS fell to $3.12 for the year from $3.51 and to $0.87 for the quarter from $0.95, so profit per share declined even as revenue grew. The Board also authorized a new $500 million Class A share repurchase program.
Full-year 2023 total revenues of $1.15 billion, up 12% from $1.03 billion; GAAP diluted EPS of $3.12 versus $3.51 in 2022
Fourth-quarter 2023 revenues of $329 million, up 17%; GAAP diluted EPS of $0.87 versus $0.95 a year earlier
Board authorized a $500 million Class A common stock repurchase program on February 5, 2024, replacing the April 25, 2022 authorization
Cash, cash equivalents and short-term investments of $437 million at December 31, 2023, with no funded debt
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.