150 material Form 8-K filings that 135 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).
Marcus & Millichap reported a fourth-quarter 2023 net loss of $10.2 million, or $0.27 per diluted share, compared with net income of $7.9 million a year earlier, as total revenue fell 36.7% to $166.2 million. For the full year, the company posted a net loss of $34.0 million, or $0.88 per diluted share, against net income of $104.2 million in 2022, and management said the near-term challenges are expected to extend through the first half of 2024.
Q4 2023 total revenue was $166.2 million, down from $262.4 million; brokerage commissions fell 38.7% to $144.6 million.
Full-year 2023 revenue was $645.9 million, down 50.4% from $1,301.7 million, and adjusted EBITDA was $(19.6) million versus $165.5 million in 2022.
In 2023 the company paid $20.4 million in dividends and repurchased shares for $38.9 million, leaving about $71.5 million available under its repurchase program.
The filing says results are preliminary until the Form 10-K is filed, and the company has not yet filed that report.
At the February 14, 2024 annual meeting, stockholders re-elected James W. McGill and elected Mohit Singh as directors, each for a term expiring in fiscal 2027. John D. White's resignation, accepted by the board on February 13, 2024 under the company's age-75 policy, took effect at the meeting. Stockholders also approved the advisory say-on-pay proposal.
Mohit Singh elected director: 10,046,799 votes for and 23,312 withheld or abstentions.
James W. McGill re-elected: 9,840,163 votes for and 229,948 withheld or abstentions.
John D. White resigned under the age-75 policy; the board accepted the resignation on February 13, 2024.
Say-on-pay approved: 9,969,638 votes for, 87,381 against and 13,092 withheld or abstentions.
Colgate-Palmolive's board elected Brian Newman, Executive Vice President and Chief Financial Officer of United Parcel Service, to its board, effective March 15, 2024. Director Stephen I. Sadove, 72, will retire at the end of his current term under the company's mandatory retirement policy and will not stand for reelection at the May 10, 2024 annual meeting.
Brian Newman, 55, joins the board effective March 15, 2024; he has been with UPS since 2019 and previously spent 26 years at PepsiCo.
Newman will receive non-employee director compensation under the program described in the proxy statement filed March 29, 2023.
Stephen I. Sadove, 72, will leave the board at the end of his current term, per the mandatory retirement policy.
The Annual Meeting of Stockholders is scheduled for May 10, 2024.
Artivion reported fourth-quarter 2023 revenue of $93.7 million, up 18% on a GAAP basis from a year earlier, and full-year revenue of $354.0 million, up 13%. The company swung to a fourth-quarter net loss of $4.0 million, or $0.10 per diluted share, from net income of $2.2 million, or $0.05 per share, a year earlier. It also guided to 2024 revenue of $382 million to $396 million and non-GAAP adjusted EBITDA of $68 million to $72 million.
Q4 2023 revenue was $93.7 million, up 18% GAAP and 15% constant currency from $79.4 million in Q4 2022
Q4 2023 net loss was $4.0 million ($0.10 per diluted share) versus net income of $2.2 million ($0.05) in Q4 2022
Full-year 2023 net loss was $30.7 million ($0.75 per share); non-GAAP adjusted EBITDA rose to $53.8 million
2024 outlook: revenue of $382 million to $396 million (8% to 12% growth) and adjusted EBITDA of $68 million to $72 million
At its February 14, 2024 annual meeting, Plexus shareholders approved a new 2024 Omnibus Incentive Plan, which replaces the 2016 plan, and elected all 10 nominated directors. The board also amended the bylaws, including a director retirement age of 75 and advance notice rules for shareholders proposing director nominees, which must be submitted by October 31, 2024.
Shareholders approved the 2024 Omnibus Incentive Plan, with 23,408,724 votes for and 1,686,682 against.
The 2024 plan replaces the 2016 Omnibus Incentive Plan, which has been terminated; no new awards will be granted under it.
Board amended bylaws to set director retirement age at 75 and align advance notice provisions with universal proxy rules.
Shareholders who intend to solicit proxies for non-company director nominees must notify the Secretary by October 31, 2024.
PDF Solutions reported fourth-quarter and full-year 2023 results, with full-year revenue of $165.8 million, up 12% from $148.5 million in 2022. Fourth-quarter revenue was $41.1 million, up about 1% from a year earlier but down from $42.4 million in the third quarter, and non-GAAP diluted EPS fell to $0.15 from $0.19. Management expects first-half 2024 revenue to be flat year over year and second-half revenue to grow 20%, and the company says its 2023 results are preliminary until its Form 10-K is filed.
Full-year 2023 revenue was $165.8 million, up 12%; full-year GAAP diluted EPS was $0.08 versus a loss of $0.09 in 2022
Q4 2023 revenue was $41.1 million, up from $40.5 million a year earlier but down from $42.4 million in Q3 2023
Q4 2023 non-GAAP diluted EPS was $0.15, compared with $0.19 in Q4 2022 and $0.20 in Q3 2023
Management expects revenue for the first half of 2024 to be flat year over year and for the second half to grow 20%
Cohu reported fourth-quarter 2023 net sales of $137.2 million, down from $191.1 million a year earlier, and a GAAP net loss of $2.0 million, or $0.04 per share, compared with net income of $21.6 million a year earlier. The company also guided first-quarter 2024 sales to $107 million plus or minus $6 million and paid $29.4 million to fully repay and terminate its Term Loan credit agreement, which had been due October 1, 2025.
Q4 2023 GAAP net loss of $2.0 million, or $0.04 per share, versus net income of $21.6 million, or $0.45 per diluted share, in Q4 2022
Full-year 2023 net sales of $636.3 million, down from $812.8 million in 2022; GAAP net income of $28.2 million, or $0.59 per share, versus $96.8 million, or $1.98 per share
Q1 2024 sales guidance of $107 million plus or minus $6 million
Paid $29.4 million to Deutsche Bank on February 9, 2024 to terminate the Credit Agreement, with no early termination penalty
InterDigital reported fourth quarter and full year 2023 results, with full year revenue of $549.6 million, up 20%, and diluted earnings per share of $7.62 versus $3.07 a year earlier. The company guided full year 2024 revenue to $620 million to $670 million, but fourth quarter revenue fell 10% year over year, so shareholders will weigh the growth outlook against that quarterly decline.
Full year 2023 revenue was $549.6 million, up 20% from $457.8 million; GAAP diluted EPS was $7.62 versus $3.07.
Fourth quarter 2023 revenue was $105.5 million, down 10% from $117.1 million; GAAP diluted EPS was $1.41 versus $1.08.
Full year 2024 revenue is guided to $620 million to $670 million; first quarter 2024 revenue is guided to $245 million to $255 million.
The company returned $379.0 million to shareholders in 2023, including $339.7 million in share repurchases.
Curtiss-Wright reported fourth-quarter 2023 sales of $786 million, up 4%, and diluted EPS of $3.11 versus $2.82 a year earlier. For full-year 2023, sales rose 11% to $2.8 billion and diluted EPS was $9.20 versus $7.62. The company also issued 2024 guidance calling for diluted EPS of $10.00 to $10.30 and sales of $2,960 million to $3,010 million.
Q4 2023 reported sales of $786 million, up 4%; reported diluted EPS of $3.11 versus $2.82
Full-year 2023 reported sales of $2.8 billion, up 11%; diluted EPS of $9.20 versus $7.62
2024 guidance: sales of $2,960 million to $3,010 million, diluted EPS of $10.00 to $10.30, free cash flow of $415 million to $435 million
Full-year 2023 share repurchases of $50 million; quarterly dividend of $0.20 per share; conference call on February 15, 2024 at 10:00 a.m. ET
DNOW reported fourth-quarter and full-year 2023 results. Revenue rose to $555 million in the quarter from $547 million a year earlier, and full-year revenue reached $2.321 billion, up $185 million or 9%. GAAP diluted EPS was $1.35 for the quarter, but that figure includes a non-cash $126 million deferred tax benefit; excluding other costs, diluted EPS was $0.22 versus $0.25 a year earlier.
Q4 2023 revenue was $555 million, compared with $547 million in Q4 2022.
Q4 GAAP net income attributable to DNOW was $147 million, or $1.35 per diluted share, including a $126 million non-cash deferred tax benefit.
Excluding other costs, Q4 diluted EPS was $0.22, compared with $0.25 in Q4 2022.
Full-year 2023 free cash flow was $171 million; the company is targeting $150 million in 2024.
Cognex reported fourth-quarter 2023 revenue of $196.7 million, down 18% from the prior-year quarter, and net income of $11.2 million, down 80%. Full-year 2023 revenue was $837.5 million, down 17%, and net income was $113.2 million, down 47%. The company also gave a first-quarter 2024 revenue range of $190 million to $205 million and declared a quarterly dividend of $0.075 per share.
Q4 2023 diluted EPS was $0.07 versus $0.32 in Q4 2022; adjusted diluted EPS was $0.11 versus $0.28
Full-year 2023 diluted EPS was $0.65 versus $1.23 in 2022; adjusted diluted EPS was $0.73 versus $1.33
Q1 2024 revenue guidance is $190 million to $205 million, with Moritex expected to contribute 6-8% of revenue
Quarterly dividend of $0.075 per share is payable March 14, 2024, to holders of record on February 29, 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.