278 material Form 8-K filings that 243 companies we cover made with the SEC in May 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).
Saul Centers reported first-quarter 2024 results, with total revenue of $66.7 million, up from $63.0 million a year earlier. Net income available to common stockholders was $10.8 million, or $0.45 per share, matching the prior-year figure, so higher rental income did not lift per-share earnings.
Total revenue for the quarter ended March 31, 2024 was $66.7 million, versus $63.0 million in the 2023 quarter.
Net income rose to $18.3 million from $17.7 million; net income available to common stockholders was $10.8 million, or $0.45 per share, unchanged from the prior year.
FFO available to common stockholders and noncontrolling interests was $0.80 per diluted share, versus $0.79 a year earlier; the commercial portfolio was 94.6% leased versus 93.9%.
Bright Horizons Family Solutions reported first quarter 2024 revenue of $623 million, up 12% from a year earlier, and net income of $17 million, or $0.29 per diluted share, versus $0.14 a year earlier. The company reaffirmed its 2024 guidance of $2.6 billion to $2.7 billion in revenue and $3.00 to $3.20 in diluted adjusted earnings per share, which gives shareholders a clear view that results are tracking the company's full-year plan.
Revenue of $623 million, up 12% from the first quarter of 2023, driven by enrollment gains, tuition increases and higher back-up care utilization
Income from operations of $40 million, up 30%; net income of $17 million versus $8.1 million a year earlier
Diluted adjusted earnings per share of $0.51 versus $0.49 in the first quarter of 2023
2024 guidance reaffirmed: revenue of $2.6 billion to $2.7 billion and diluted adjusted earnings per share of $3.00 to $3.20; results were discussed on a conference call held May 2, 2024
Adtalem Global Education (NYSE: ATGE) reported fiscal Q3 2024 revenue of $412.7 million, up 11.8%, and raised its fiscal 2024 revenue and adjusted EPS guidance. GAAP net income fell to $36.8 million from $45.9 million, but adjusted EPS rose to $1.50 from $1.13. Note: this 8-K is filed by Adtalem, not Covista Inc. (CVSA) as the request stated.
Revenue $412.7 million, up 11.8% from $369.1 million; total enrollment 85,809, up 7.8%
FY2024 revenue guidance raised to $1,560 million to $1,580 million from $1,520 million to $1,560 million
FY2024 adjusted EPS guidance raised to $4.80 to $5.00 from $4.55 to $4.75
Diluted GAAP EPS $0.93 vs $1.00 a year earlier; repurchased $91 million of shares
SPX Technologies reported first quarter 2024 revenue of $465.2 million, up from $399.8 million a year earlier, and GAAP diluted EPS of $1.05 versus $0.84. The company raised its full-year 2024 adjusted EPS guidance to $5.15 to $5.40 from $4.85 to $5.15, citing strong HVAC demand, which benefits shareholders as profit measures grew and the outlook improved.
Q1 2024 revenue $465.2 million vs. $399.8 million; net income $49.0 million vs. $42.8 million
Diluted EPS from continuing operations $1.05 vs. $0.84; adjusted EPS $1.25 vs. $0.93
Fortinet reported first-quarter 2024 results for the period ended March 31, 2024, with total revenue of $1.35 billion, up 7.2% from a year earlier, and GAAP net income of $299.3 million, up from $247.7 million. The company also issued second-quarter and full-year 2024 revenue and non-GAAP earnings per share guidance, which shareholders can use to compare future results.
Total revenue was $1.35 billion, up 7.2% from $1.26 billion; service revenue rose 24.0% to $944.4 million while product revenue fell 18.3% to $408.9 million.
GAAP diluted net income per share was $0.39 versus $0.31; non-GAAP diluted net income per share was $0.43 versus $0.34.
Total billings fell 6.4% to $1.41 billion, and free cash flow was $608.5 million versus $647.2 million a year earlier.
Second-quarter 2024 revenue guidance is $1.375 billion to $1.435 billion; full-year 2024 revenue guidance is $5.745 billion to $5.845 billion.
Palomar Holdings reported first quarter 2024 net income of $26.4 million, or $1.04 per diluted share, up from $17.3 million, or $0.68 per diluted share, a year earlier. Gross written premiums rose 47.2% to $368.1 million, and the company raised its full-year 2024 adjusted net income guidance to $113 million to $118 million, which shareholders would see as a higher outlook for profit.
Net income of $26.4 million ($1.04 diluted EPS) for Q1 2024, versus $17.3 million ($0.68) in Q1 2023
Adjusted net income of $27.8 million ($1.09 diluted adjusted EPS), versus $20.4 million ($0.80) a year earlier
Full-year 2024 adjusted net income guidance raised to $113 million to $118 million
Combined ratio of 76.9% versus 77.9% in Q1 2023; no share repurchases in Q1 2024
Universal Display reported first quarter 2024 total revenue of $165.3 million, up from $130.5 million a year earlier, and net income of $56.9 million, or $1.19 per diluted share, compared with $0.83 a year earlier. The company raised the lower end of its 2024 revenue guidance to a range of $635 million to $675 million and declared a $0.40 per share quarterly dividend.
Q1 2024 total revenue was $165.3 million versus $130.5 million in Q1 2023; royalty and license fees were $68.3 million and material sales were $93.3 million
Net income was $56.9 million, or $1.19 per diluted share, versus $39.8 million, or $0.83 per diluted share, a year earlier
2024 revenue guidance is $635 million to $675 million after the lower end was increased; the company cautions that many variables can affect results
Second quarter cash dividend of $0.40 per share is payable June 28, 2024 to holders of record as of June 14, 2024
Trupanion reported first quarter 2024 total revenue of $306.1 million, up 19% from a year earlier, and a net loss of $6.9 million, narrowed from $24.8 million. The board also appointed President Margi Tooth as chief executive effective August 1, 2024, succeeding founder Darryl Rawlings, who will remain Chair of the Board.
Q1 2024 total revenue was $306.1 million, up 19% from $256.3 million in Q1 2023.
Net loss was $6.9 million, or $(0.16) per share, versus a net loss of $24.8 million, or $(0.60) per share, a year earlier.
Adjusted EBITDA was $4.8 million, compared with $(4.9) million in Q1 2023.
Darryl Rawlings resigned as CEO effective August 1, 2024 and will receive a $200,000 annual consulting fee for pet food program work.
AMETEK reported first-quarter 2024 sales of $1.74 billion, up 9% from a year earlier, and adjusted earnings of $1.64 per diluted share, up 10%. The company raised its 2024 adjusted earnings per share guidance to $6.74 to $6.86 from $6.70 to $6.85, which benefits shareholders if the outlook holds.
First-quarter sales of $1.74 billion, up 9% from the first quarter of 2023
GAAP diluted EPS of $1.34 versus $1.32 a year earlier; adjusted EPS of $1.64 versus $1.49
2024 adjusted EPS guidance raised to $6.74 to $6.86 from $6.70 to $6.85
Paragon Medical integration costs of $29.2 million pre-tax weighed on GAAP results
BrightSphere Investment Group Inc. (NYSE: BSIG), parent of Acadian Asset Management, reported first-quarter 2024 results on May 2, 2024. Total revenue rose 15.1% to $105.7 million and U.S. GAAP diluted EPS rose 32.1% to $0.37, helped by higher management fees and fewer shares outstanding after buybacks. Compared with the fourth quarter of 2023, revenue and earnings fell because performance fees are seasonal.
Total revenue of $105.7 million for Q1 2024, up from $91.8 million in Q1 2023
U.S. GAAP diluted EPS of $0.37 vs. $0.28 a year earlier; ENI diluted EPS of $0.44
Repurchased 3.5 million shares for $74.4 million in Q1 2024; quarterly dividend of $0.01 per share payable June 28, 2024
Revolving credit facility balance of $73 million at March 31, 2024; net leverage ratio of 1.7x
Intercontinental Exchange reported first quarter 2024 results for the quarter ended March 31, 2024, with net revenues of $2.3 billion, up 21% year over year, and GAAP diluted EPS of $1.33, up 14%. Adjusted diluted EPS was $1.48, up 5%, and the company updated its 2024 guidance, including a flat-to-down low single digit outlook for full year Mortgage Technology pro forma segment revenue growth.
Net income attributable to ICE was $767 million, versus $655 million in the first quarter of 2023.
Operating income was $1.1 billion, up 10% year over year; adjusted operating income was $1.4 billion, up 18%.
Mortgage Technology revenue was $499 million, and the company expects full year 2024 Mortgage Technology pro forma segment revenue growth of flat-to-down in the low single digit range.
Operating cash flow was $1.0 billion and adjusted free cash flow was $877 million in the first quarter.
Curtiss-Wright reported first quarter 2024 sales of $713 million, up 13%, and adjusted diluted EPS of $1.99, up 30%. The company raised its full-year 2024 guidance for sales, operating income and diluted EPS, while the Naval & Power segment's profit fell on a naval contract adjustment.
Q1 2024 sales of $713 million, up 13%; reported operating income of $100 million, up 27%
Diluted EPS of $1.99 versus $1.48 a year earlier; adjusted diluted EPS up 30%
2024 diluted EPS guidance raised to $10.10 to $10.40 from $10.00 to $10.30; sales growth guidance raised to 5% to 7%
Naval & Power adjusted operating income fell 13% to $35 million due to an unfavorable naval contract adjustment
HII reported first-quarter 2024 results on May 2, 2024, with revenue of $2.8 billion, up 4.9% from a year earlier, and net earnings of $153 million, or $3.87 per diluted share, compared with $3.23 in the first quarter of 2023. The company reaffirmed its 2024 financial outlook. Free cash flow was negative $274 million, which matters to shareholders watching cash generation.
Revenue of $2,805 million, up 4.9% from $2,674 million, driven mainly by Mission Technologies, where revenue rose 20.2%.
Net earnings of $153 million, or $3.87 per diluted share, versus $129 million, or $3.23, a year earlier.
Free cash flow was negative $274 million, compared with negative $49 million in the first quarter of 2023.
The company reaffirmed its FY24 outlook, including free cash flow of $600 million to $700 million.
Laureate Education reported first-quarter 2024 revenue of $275.4 million, up 10% as reported but up 1% on an organic constant currency basis. Its net loss narrowed to $(10.8) million from $(26.8) million, while Adjusted EBITDA fell to $30.6 million from $33.5 million. The company raised its full-year 2024 revenue and Adjusted EBITDA guidance, citing more favorable currency rates.
Q1 2024 revenue $275.4 million, up 10% as reported and 1% on an organic constant currency basis
Net loss $(10.8) million vs. $(26.8) million a year earlier; loss per share $(0.07) vs. $(0.17)
Operating income $11.1 million vs. $15.6 million; Adjusted EBITDA $30.6 million vs. $33.5 million
2024 revenue now expected at $1,566 million to $1,581 million; Adjusted EBITDA at $446 million to $456 million
Church & Dwight reported first-quarter 2024 net sales of $1,503.3 million, up 5.1%, with reported EPS of $0.93 and adjusted EPS of $0.96, above its $0.85 adjusted outlook. The company raised its full-year 2024 adjusted EPS growth expectation to 8% to 9% and its cash flow outlook to approximately $1.05 billion, but guided second-quarter adjusted EPS of $0.83, down 9.8% from the prior year.
Q1 2024 net sales rose 5.1% to $1,503.3 million; reported EPS was $0.93, up 13.4%, and adjusted EPS was $0.96, up 12.9%.
Full-year 2024 adjusted EPS growth outlook raised to 8% to 9%, from 7% to 9% previously; gross margin expansion raised to approximately 75 basis points.
Full-year cash flow from operations now expected at approximately $1.05 billion, up from $1.0 billion previously.
Q2 2024 adjusted EPS expected at $0.83 versus $0.92 in Q2 2023, with a higher tax rate of 24%.
Diebold Nixdorf reported first-quarter 2024 net sales of $895.4 million, up 4.3% from $858.1 million a year earlier, and GAAP operating profit of $23.8 million, compared with a $2.1 million operating loss in the prior-year period. The net loss attributable to the company narrowed to $14.6 million, or $0.39 per share, from $111.1 million, or $1.40 per share, and the company said its full-year 2024 outlook is unchanged, which matters to shareholders because it signals the company is holding its earlier financial targets.
Q1 2024 net sales $895.4 million, up 4.3% from $858.1 million in Q1 2023
GAAP operating profit $23.8 million vs. operating loss of $2.1 million a year earlier
Net loss attributable to Diebold Nixdorf $14.6 million, or $0.39 per share, vs. $111.1 million, or $1.40 per share
Full-year 2024 outlook unchanged: adjusted EBITDA of $410 million to $435 million and low single-digit revenue growth
PJT Partners reported record first-quarter 2024 revenues of $329 million, up 65% from a year earlier, with GAAP diluted EPS of $1.22, up 82%. Management said the company reported its second highest revenue quarter ever, and it repurchased 1.5 million share equivalents during the quarter.
Total revenues $329.4 million vs. $200.0 million in Q1 2023; Advisory revenues up 72%
GAAP diluted EPS $1.22 vs. $0.67; Adjusted EPS $0.98 vs. $0.54
GAAP non-compensation expense rose to $46.6 million from $37.8 million, mainly due to higher bad debt expense, occupancy and travel
Cash and short-term investments of $236 million, no funded debt; quarterly dividend of $0.25 per share payable June 20, 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.