188 material Form 8-K filings that 175 companies we cover made with the SEC in April 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).
NewMarket reported first quarter 2024 net income of $107.7 million, or $11.23 per share, up from $97.6 million, or $10.09 per share, a year earlier. Total net sales were $696.7 million, down from $702.8 million, and the results include 76 days of the American Pacific (AMPAC) business acquired in January for about $700 million.
Net income was $107.7 million, or $11.23 per share, versus $97.6 million, or $10.09 per share, in Q1 2023.
Total net sales were $696.7 million versus $702.8 million; petroleum additives sales were $677.3 million versus $700.0 million.
Petroleum additives operating profit rose to $150.9 million from $132.1 million, mainly due to lower raw material and operating costs.
Long-term debt rose to $1.28 billion at March 31, 2024, from $643.6 million at December 31, 2023, and the Board approved an 11% increase in the quarterly dividend rate in February.
Antero Midstream reported first quarter 2024 results for the period ended March 31, 2024, with net income of $104 million, or $0.21 per diluted share, a 17% per-share increase from the prior year quarter. Adjusted EBITDA rose 10% to $265 million, and free cash flow after dividends was $74 million, up 62%, while leverage fell to 3.1x from 3.3x at year-end 2023. The company said it continues to expect to reach its 3.0x leverage target in 2024.
Net income was a company record $104 million, or $0.21 per diluted share, versus $86.5 million and $0.18 a year earlier.
Revenue was $279 million, up from $259 million in the prior year quarter, and Adjusted EBITDA was $265 million, up 10%.
Free cash flow after dividends was $74 million, up 62%, and leverage declined to 3.1x as of March 31, 2024.
Management continues to expect to achieve its 3.0x leverage target in 2024; a conference call is set for April 25, 2024 at 10:00 am MT.
Tyler Technologies reported first-quarter 2024 total revenue of $512.4 million, up 8.6%, and GAAP net income of $54.2 million, or $1.26 per diluted share, up from $0.73. The company also revised its full-year 2024 guidance, but the filing does not state the prior guidance, so the direction of the change is not clear from this document. Free cash flow fell 10.1% to $57.2 million.
Total revenues were $512.4 million, up 8.6%; SaaS revenues grew 22.0% to $148.8 million.
GAAP diluted EPS was $1.26 versus $0.73 a year earlier; non-GAAP diluted EPS was $2.20 versus $1.76.
Free cash flow was $57.2 million, down 10.1% from $63.6 million.
2024 guidance: total revenues of $2.110 billion to $2.140 billion and GAAP diluted EPS of $5.27 to $5.47.
Plexus reported fiscal second quarter 2024 revenue of $967 million and GAAP diluted EPS of $0.58, down from $1.071 billion and $1.45 in the year-earlier quarter, and the GAAP results include $0.36 per share of restructuring and other charges. The company guided fiscal third quarter revenue to $960 million to $1.00 billion and GAAP diluted EPS to $0.80 to $0.95, and reported free cash flow of $65 million and $17.6 million of share repurchases.
Q2 revenue $967 million vs $1.071 billion in the quarter ended April 1, 2023, and $983 million in the prior quarter
GAAP diluted EPS $0.58 vs $1.45 a year earlier; non-GAAP diluted EPS $0.94 excludes restructuring charges
Q3 guidance: revenue $960 million to $1.00 billion; GAAP diluted EPS $0.80 to $0.95
Free cash flow of $65 million; $17.6 million of shares repurchased, leaving $38.1 million under the $50.0 million authorization
Goosehead Insurance reported first-quarter 2024 revenue of $64.5 million, up 11%, and swung to net income of $1.8 million from a net loss of $0.2 million a year earlier. The company also announced a $100 million share repurchase authorization through March 2025 and revised its full-year 2024 outlook, which now calls for total revenues of $290 million to $310 million.
Q1 2024 total revenues were $64.5 million, up 11% from the prior-year period; Core Revenue rose 13% to $58.8 million.
Net income was $1.8 million versus a net loss of $0.2 million a year earlier; basic EPS was $0.07.
Adjusted EBITDA rose to $11.7 million from $10.2 million, with the margin flat at 18%.
The board approved a $100 million share repurchase authorization through March 2025; 2024 total revenue guidance is $290 million to $310 million.
Chemed reported first-quarter 2024 revenue of $589.2 million, up 5.2%, and GAAP diluted EPS of $4.24, up 18.4%, with VITAS driving the gains while Roto-Rooter revenue fell 5.8%. The company reiterated its full-year 2024 adjusted EPS guidance range of $23.30 to $23.70 and said it will provide updated guidance with its June 30, 2024 results.
Consolidated revenue rose 5.2% to $589.2 million; adjusted diluted EPS was $5.20, up 21.5%.
VITAS net patient revenue rose 14.0% to $354.0 million, and its adjusted EBITDA excluding Medicare Cap rose 67.2% to $60.7 million.
Roto-Rooter revenue fell 5.8% to $235.2 million, and its adjusted EBITDA declined 15.6%.
Full-year 2024 adjusted EPS guidance of $23.30 to $23.70 was reiterated; cash and equivalents were $313.4 million at March 31, 2024, with no debt.
Annaly Capital Management reported first-quarter 2024 results, with GAAP net income of $0.85 per average common share, compared with a loss of $(0.88) in the fourth quarter of 2023. Earnings available for distribution fell to $0.64 per share from $0.68 in the prior quarter, while book value per common share rose to $19.73 and the company declared a $0.65 quarterly dividend.
GAAP net income of $0.85 per average common share, versus a $(0.88) loss in Q4 2023 and a $(1.79) loss in Q1 2023.
Earnings available for distribution of $0.64 per share, down from $0.68 in Q4 2023 and $0.81 in Q1 2023.
Book value per common share of $19.73, up from $19.44 at December 31, 2023; economic return of 4.8% for the quarter.
Declared quarterly common dividend of $0.65 per share; GAAP leverage of 6.7x, down from 6.8x.
St. Joe reported first quarter 2024 results with revenue up 20% to $87.8 million and net income attributable to the Company up 34% to $13.9 million, or $0.24 per share. The board also declared a quarterly dividend of $0.12 per share, payable June 13, 2024, to holders of record on May 15, 2024, while real estate revenue fell 7%.
Revenue rose 20% to $87.8 million; hospitality revenue rose 60% to $39.3 million
Net income attributable to the Company rose 34% to $13.9 million, or $0.24 per share, versus $10.4 million, or $0.18, a year earlier
Quarterly dividend of $0.12 per share payable June 13, 2024, to shareholders of record May 15, 2024
Total real estate revenue fell 7% to $34.2 million; 216 homesites sold at an average base price of about $117,000
AMERISAFE reported first-quarter 2024 results on April 24, 2024, with net income of $16.9 million and diluted EPS of $0.88, both slightly lower than a year earlier. Total revenues rose to $80.5 million, but net premiums earned fell 1.1%, and the net combined ratio worsened to 87.3% from 82.2%, so underwriting profit fell 29.2%. For shareholders, the quarter shows steady headline earnings but weaker underlying insurance profitability.
Net income was $16.9 million, down 2.4% from $17.3 million; diluted EPS was $0.88 versus $0.90.
Operating earnings per share, a non-GAAP measure, fell 16.9% to $0.69 from $0.83.
Net combined ratio rose to 87.3% from 82.2%, and underwriting profit fell 29.2% to $8.7 million.
Book value per share was $15.74 at March 31, 2024, up 3.0% from $15.28 at December 31, 2023; a $0.37 quarterly dividend was declared April 23, 2024.
MaxLinear reported unaudited first-quarter 2024 results, with net revenue of $95.3 million, down 24% from the prior quarter and 62% from a year earlier. The GAAP diluted loss per share was $0.88, compared with a loss of $0.47 in the prior quarter and earnings of $0.12 a year earlier. The company guided second-quarter 2024 net revenue to approximately $90 million to $110 million.
Q1 2024 net revenue was $95.3 million, down 24% sequentially and 62% year over year.
GAAP loss from operations was $74.6 million, or 78% of net revenue, including restructuring charges of $22.6 million.
GAAP diluted loss per share was $0.88, versus a $0.47 loss in Q4 2023 and $0.12 of earnings in Q1 2023.
Second-quarter 2024 net revenue is expected to be approximately $90 million to $110 million.
Mueller Industries reported first quarter 2024 net income of $138.4 million, down from $173.2 million a year earlier, and net sales of $849.7 million, down from $971.2 million. The company attributed the sales decline to lower demand for products mainly used in residential building and to lower copper prices, and its diluted earnings per share fell to $1.21 from $1.54.
Net sales were $849.7 million versus $971.2 million in the first quarter of 2023.
Diluted EPS was $1.21 versus $1.54, adjusted for the two-for-one stock split effective October 20, 2023.
The company recorded a $10.3 million loss on its investment in Tecumseh Products Company, largely driven by restructuring charges in its international operations.
Cash balance was $1.36 billion at quarter end, and the company repurchased $27.9 million of common stock during the quarter.
Old Dominion Freight Line reported first-quarter 2024 revenue of $1.46 billion, up 1.2% from a year earlier, and diluted earnings per share of $1.34, up 3.9%. Operating ratio rose slightly to 73.5% from 73.4%, as higher depreciation offset gains in yield. Prior-period per-share data was adjusted for the company's March 2024 two-for-one stock split.
Total revenue was $1,460.1 million versus $1,442.1 million in Q1 2023, up 1.2%.
Net income was $292.3 million, up 2.5%; diluted weighted average shares fell 1.2% to 218.8 million.
LTL revenue per hundredweight rose 4.1%, while LTL tons per day fell 3.2%.
Cash and cash equivalents were $581.0 million at March 31, 2024; share repurchases totaled $85.3 million in the quarter.
Capitol Federal Financial reported net income of $13.8 million, or $0.11 per share, for the quarter ended March 31, 2024, up from $2.5 million, or $0.02 per share, in the prior quarter. The prior quarter included a $13.3 million securities strategy loss, and the company also announced a $0.085 per share quarterly dividend payable May 17, 2024. For the six months, net income fell to $16.3 million from $30.4 million, mainly because of that securities loss and lower net interest income.
Quarter ended March 31, 2024: net income $13.8 million, $0.11 per share, versus $2.5 million, $0.02 per share, in the quarter ended December 31, 2023
Prior quarter included $13.3 million ($10.0 million net of tax) in net losses from the securities strategy; net interest margin rose to 1.82% from 1.71%
Six months ended March 31, 2024: net income $16.3 million, $0.12 per share, versus $30.4 million, $0.23 per share a year earlier
Quarterly cash dividend of $0.085 per share, payable May 17, 2024, to stockholders of record on May 3, 2024
PROG Holdings reported first-quarter 2024 consolidated revenues of $641.9 million, down 2.0% from a year earlier, and diluted EPS of $0.49 versus $1.00, with net earnings reduced by $18.0 million of restructuring expense. The company raised its full-year 2024 revenue and earnings outlook, with revenues now projected at $2.285 billion to $2.360 billion and diluted EPS at $2.18 to $2.43. Shareholders also received a $0.12 per share cash dividend, and the company repurchased $24.4 million of stock in the quarter.
Q1 2024 revenues $641.9 million, down 2.0%; net earnings $22.0 million versus $48.0 million a year earlier
Restructuring expense of $18.0 million tied to cost reduction actions executed in January
Full-year 2024 total revenue outlook raised to $2.285 billion-$2.360 billion from $2.235 billion-$2.335 billion
Second-quarter 2024 diluted EPS outlook of $0.56 to $0.66
Silicon Laboratories reported first-quarter 2024 revenue of $106.4 million, down from $246.8 million a year earlier, and a GAAP net loss of $56.5 million, or $1.77 per diluted share, compared with diluted earnings of $0.41 a year earlier. The company guided second-quarter revenue to $135 million to $145 million and named Dean Butler as chief financial officer effective May 15, 2024, succeeding interim CFO Mark Mauldin.
Q1 2024 revenue was $106.4 million versus $246.8 million in Q1 2023; GAAP operating loss was $59.1 million
Non-GAAP diluted loss per share was $(0.92); GAAP diluted loss per share was $(1.77)
Q2 2024 revenue outlook is $135 million to $145 million; GAAP diluted loss per share guided to $(1.45) to $(1.61)
Dean Butler joins as CFO on May 15, 2024; Bob Conrad joins as SVP of Worldwide Operations on April 29, 2024
M/I Homes reported first-quarter 2024 results for the three months ended March 31, with revenue up 5% to $1.05 billion and net income up 34% to $138.1 million, or $4.78 per diluted share, all described by the company as first-quarter records. Shareholders' equity rose 21% from a year earlier to $2.6 billion, and new contracts increased 17%, which points to continued demand for its homes.
Net income rose 34% to $138.1 million, or $4.78 per diluted share, versus $3.64 a year earlier
Revenue rose 5% to $1.05 billion; homes delivered rose 8% to 2,158
New contracts rose 17% to 2,547; cancellation rate fell to 8% from 13%
Shareholders' equity reached $2.6 billion, or $95.09 book value per share, at March 31, 2024
Watsco reported first-quarter 2024 results for the period ended March 31, 2024. Revenue rose 1% to a record $1.56 billion, but same-store revenue fell 2%, operating income dropped to $127 million from $165 million, and diluted earnings per share were $2.17 versus $2.83 a year earlier. The company also reported no debt, $479 million in cash and investments, and a 10% dividend increase to $10.80 per share annually.
Revenue rose 1% to $1.56 billion; same-store revenue declined 2%.
Operating income was $127 million (8.1% margin) versus $165 million (10.6% margin) a year earlier.
Diluted EPS was $2.17 versus $2.83; operating cash flow was a record $104 million for a first quarter.
Annual dividend rate increased 10% to $10.80 per share, effective April 2024.
Central Pacific Financial reported first-quarter 2024 net income of $12.9 million, or $0.48 per diluted share, down from $14.9 million, or $0.55, in the prior quarter and $16.2 million, or $0.60, a year earlier. Net interest margin fell to 2.83% from 3.08% a year ago, and total deposits decreased $228.7 million from December 31, 2023. The board declared a quarterly cash dividend of $0.26 per share, unchanged from the prior quarters.
Net income of $12.9 million, or $0.48 diluted EPS, versus $14.9 million ($0.55) in the prior quarter and $16.2 million ($0.60) a year ago
Net interest margin of 2.83%, compared with 2.84% in the prior quarter and 3.08% a year ago
Total deposits of $6.62 billion at March 31, 2024, down $228.7 million from December 31, 2023
Quarterly cash dividend of $0.26 per share, payable June 17, 2024 to holders of record on May 31, 2024
Healthcare Services Group reported first-quarter 2024 results on April 24, 2024. Revenue rose to $423.4 million from $417.2 million, net income rose to $15.3 million from $11.7 million, and diluted EPS was $0.21 versus $0.16 a year earlier. The company reiterated its 2024 adjusted cash flow range of $40.0 million to $55.0 million, but said the February Change Healthcare cyberattack disrupted customer collections during the quarter.
Revenue of $423.4 million compared with $417.2 million in the first quarter of 2023
Net income of $15.3 million and diluted EPS of $0.21, versus $11.7 million and $0.16 a year earlier
Cash flows used in operating activities were $26.0 million for the quarter
2024 adjusted cash flow from operations range of $40.0 million to $55.0 million reiterated
Stifel Financial reported first quarter 2024 net revenues of $1.2 billion, up from $1.1 billion a year earlier, and GAAP net income available to common shareholders of $154.3 million, or $1.40 per diluted share, compared with $1.28 a year ago. Non-GAAP diluted EPS was $1.49, and the company repurchased $159.3 million of its common stock during the quarter.
Net revenues of $1,163.0 million, up 5.1% from $1,106.8 million in Q1 2023
GAAP diluted EPS of $1.40 vs $1.28 a year ago (up 9.4%); non-GAAP diluted EPS of $1.49 vs $1.40
GAAP pre-tax margin of 18.8% vs 19.0%; non-GAAP pre-tax margin of 19.8% vs 20.5%
Quarterly common dividend of $0.42 per share, up from $0.36; $159.3 million of stock repurchased
Evercore reported first quarter 2024 U.S. GAAP net revenues of $580.8 million, up 2% from a year earlier, and diluted EPS of $2.09 versus $2.06. Operating income fell to $84.1 million from $106.9 million, and adjusted diluted EPS declined to $2.13 from $2.16. The board also raised the quarterly dividend 5% to $0.80 per share, and the company returned $308.5 million to shareholders in the quarter.
U.S. GAAP net revenues $580.8 million vs $572.1 million in Q1 2023, up 2%; adjusted net revenues $587.3 million, up 2%
U.S. GAAP diluted EPS $2.09 vs $2.06; adjusted diluted EPS $2.13 vs $2.16
Operating margin 14.5% vs 18.7%; compensation ratio 66.8% vs 64.1%
Quarterly dividend increased 5% to $0.80 per share, payable June 14, 2024; $308.5 million returned to shareholders in the quarter
Prosperity Bancshares reported first quarter 2024 net income of $110.4 million, or $1.18 per diluted share, down from $124.7 million, or $1.37 per share, a year earlier but up from $95.5 million, or $1.02 per share, in the fourth quarter of 2023. The company also completed the Lone Star State Bancshares merger on April 1, 2024, and declared a $0.56 second quarter dividend.
Net income of $110.4 million and $1.18 per diluted share, versus $124.7 million and $1.37 in Q1 2023
Up from $95.5 million and $1.02 per diluted share in Q4 2023, mainly on higher interest income and lower FDIC assessments
Net interest margin of 2.79%, up from 2.75% in Q4 2023 but down from 2.93% a year earlier
Repurchased 567,692 shares at an average $62.12 per share; second quarter dividend of $0.56 per share payable July 1, 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.