151 material Form 8-K filings that 136 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).
Vicor reported fourth-quarter and full-year 2023 results in a press release furnished under Item 2.02. Fourth-quarter revenue fell from a year earlier and from the third quarter, while net income and diluted earnings per share rose year over year; full-year revenue and profit both grew. Backlog fell 47.2% from a year earlier to $160.8 million, a figure shareholders may weigh against the weaker quarterly sales.
Q4 2023 revenue was $92.7 million, down 12.2% from $105.5 million a year earlier and 14.1% from $107.8 million in Q3 2023.
Q4 2023 net income was $8.7 million, or $0.19 per diluted share, versus $8.1 million, or $0.18, a year earlier.
Full-year 2023 revenue rose 1.5% to $405.1 million; net income was $53.6 million, or $1.19 per diluted share, versus $0.57 in 2022.
Backlog at December 31, 2023 was $160.8 million, down 47.2% from $304.4 million a year earlier.
Penumbra reported fourth-quarter 2023 revenue of $284.7 million, up 28.7%, and GAAP net income of $54.2 million, or $1.38 per diluted share, which includes a $25.5 million tax benefit from a valuation allowance release. For 2024, the company projects total revenue of $1,230.0 million to $1,270.0 million, or 16% to 20% growth, and expects U.S. thrombectomy revenue to grow 27% to 30%.
Q4 2023 revenue was $284.7 million, up 28.7%; thrombectomy revenue was $190.8 million, up 42.4%
Q4 2023 GAAP net income was $54.2 million, or $1.38 per diluted share, including a $25.5 million tax benefit
Full-year 2023 revenue was $1,058.5 million, up 25.0%, and GAAP income from operations was $73.6 million versus $6.1 million in 2022
2024 revenue is projected at $1,230.0 million to $1,270.0 million, or 16% to 20% growth over 2023
Carvana reported fourth-quarter and full-year 2023 results. Q4 revenue of $2.424 billion fell 15% from a year earlier, while the net loss margin narrowed to (8.3)% from (50.8)%. Full-year net income of $150 million was helped by an $878 million one-time gain on debt extinguishment, and the company expects Q1 2024 Adjusted EBITDA significantly above $100 million.
Q4 2023 revenue was $2.424 billion, down 15%; retail units sold were 76,090, down 13%
Q4 basic and diluted net loss per Class A share was ($1.00), versus a net loss margin of (50.8)% in Q4 2022
FY 2023 net income was $150 million, including an $878 million gain on debt extinguishment; FY revenue was $10.771 billion, down 21%
Q1 2024 outlook: retail units sold slightly up year over year and Adjusted EBITDA significantly above $100 million
Universal Display reported fourth-quarter 2023 revenue of $158.3 million, down from $169.0 million a year earlier, and full-year 2023 revenue of $576.4 million, down from $616.6 million. Net income also declined for both periods, and the company gave a 2024 revenue range of $625 million to $675 million.
Q4 2023 net income was $62.0 million, or $1.29 per diluted share, versus $65.1 million, or $1.36, in Q4 2022.
Full-year 2023 net income was $203.0 million, or $4.24 per diluted share, versus $210.1 million, or $4.40, in 2022.
The company expects 2024 revenue of $625 million to $675 million and declared a $0.40 per share first-quarter dividend payable March 29, 2024.
Edison International reported fourth-quarter 2023 core earnings per share of $1.28, up from $1.15 a year earlier, while GAAP EPS fell to $0.99 from $1.09. For the full year, core EPS was $4.76 versus $4.63 in 2022, and the company introduced 2024 EPS guidance of $4.75 to $5.05 and reiterated its long-term EPS growth targets of 5% to 7%.
Q4 2023 core EPS of $1.28 vs. $1.15; GAAP EPS of $0.99 vs. $1.09; Q4 net income of $378 million vs. $415 million
Full-year 2023 core EPS of $4.76 vs. $4.63 in 2022; GAAP EPS of $3.12 vs. $1.61
2024 EPS guidance of $4.75 to $5.05, with core and basic EPS guidance equal
Quarterly common stock dividend of $0.78 per share, payable April 30, 2024, to holders of record on March 28, 2024
Red Rock Resorts said Chief Operating Officer Robert A. Finch resigned effective February 20, 2024, and will stay on in a non-officer role through July 31, 2024. The board appointed Kord Nichols, who has been with the company since 2008, as Executive Vice President and Chief Operating Officer on the same date, a senior operating change that shareholders may watch for its effect on day-to-day management.
Robert A. Finch resigned as Chief Operating Officer effective February 20, 2024; he will provide transition services through July 31, 2024, at a $650,000 annual base salary
Kord Nichols, age 42, was appointed Executive Vice President and Chief Operating Officer effective February 20, 2024
Nichols' annual base salary rises from $650,000 to $750,000 effective March 3, 2024, with a long-term incentive target of not less than 300% of base salary
Valaris reported fourth quarter 2023 results in a press release dated February 21, 2024. Revenue rose to $484 million from $455 million in the third quarter, and net income rose to $829 million, which included a $790 million tax benefit, while the board doubled the share repurchase authorization to $600 million from $300 million.
Net income was $829 million in Q4 2023, up from $17 million in Q3 2023, including a $790 million tax benefit
Revenue rose to $484 million from $455 million; Adjusted EBITDA rose to $58 million from $40 million
Total contract backlog was more than $3.9 billion as of February 15, 2024, and the share repurchase authorization was raised to $600 million from $300 million
TechnipFMC reported fourth-quarter 2023 revenue of $2.08 billion, up 22.6% from a year earlier, and diluted earnings of $0.12 per share, compared with a loss of $0.06 a year earlier. Sequentially, revenue rose 1.0%, while adjusted EBITDA fell 7.9% and diluted EPS fell from $0.20 in the third quarter. The company also issued 2024 guidance, including Subsea revenue of $7.2 to $7.6 billion, giving shareholders a view of expected results for the year.
Q4 2023 revenue was $2,077.7 million, up 22.6% year over year and 1.0% from the third quarter.
Diluted EPS was $0.12, versus a loss of $0.06 a year earlier and $0.20 in the third quarter of 2023.
Adjusted EBITDA was $218.7 million, up 80.9% year over year but down 7.9% from the third quarter.
2024 guidance: Subsea revenue of $7.2 to $7.6 billion and Surface Technologies revenue of $1.2 to $1.35 billion.
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.