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8-K filings in February 2024, explained

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).

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PENPenumbra Inc Feb 22, 4:14 PM ET

Penumbra Q4 revenue rises 28.7% to $284.7 million; sees 2024 revenue growth of 16%-20%

Positive earnings Written later 2.02

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
Read the filing on SEC.gov ↗
EIXEDISON INTERNATIONAL Feb 22, 4:07 PM ET

Edison International Q4 core EPS rises to $1.28; 2024 guidance set at $4.75-$5.05

Positive earnings Written later 2.027.01

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
Read the filing on SEC.gov ↗
VALValaris Ltd Feb 22, 7:28 AM ET

Valaris posts Q4 net income of $829 million, boosted by $790 million tax benefit

Positive earnings Written later 2.02

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
Read the filing on SEC.gov ↗
FTITechnipFMC plc Feb 22, 6:51 AM ET

TechnipFMC Q4 2023 revenue rises 22.6% to $2.08 billion; net income $53 million

Positive earnings Written later 2.02

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.
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.