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).
Kyndryl reported fourth-quarter fiscal 2024 revenue of $3.8 billion, down 10% year over year, as it reduced inherited no-margin and low-margin third-party content in customer contracts. The net loss narrowed to $45 million from $737 million a year earlier, and adjusted pretax income rose to $30 million from an adjusted loss of $61 million. For fiscal 2025, the company expects constant-currency revenue growth of (2%) to (4%) and adjusted pretax income of at least $435 million.
Q4 revenue $3.8 billion, down 10% (9% in constant currency); net loss $45 million, or ($0.20) per diluted share, versus $737 million, or ($3.24), a year earlier
Q4 adjusted pretax income $30 million, versus an adjusted pretax loss of $61 million in the prior-year quarter
Fiscal 2024 revenue $16.1 billion, down 6%; net loss $340 million, or ($1.48) per diluted share; adjusted free cash flow $291 million
Fiscal 2025 outlook: revenue growth of (2%) to (4%) in constant currency and adjusted pretax income of at least $435 million, versus $165 million in fiscal 2024
Red Rock Resorts reported first quarter 2024 results, with net revenues up 12.7% to $488.9 million and Adjusted EBITDA up 7.7% to $209.1 million. Net income fell 8.4% to $78.4 million, and diluted earnings per share were $0.68 versus $0.75 a year earlier, so top-line growth did not carry through to bottom-line profit for shareholders.
Net revenues were $488.9 million, up $55.3 million from $433.6 million in Q1 2023
Net income was $78.4 million, down $7.2 million from $85.5 million; diluted EPS was $0.68 versus $0.75
Loss on extinguishment/modification of debt was $14.4 million; interest expense, net was $57.2 million
Board declared a $0.25 per Class A share dividend payable June 28, 2024 to holders of record on June 14, 2024
Reddit reported first-quarter 2024 results, with revenue up 48% year-over-year to $243.0 million and a net loss of $575.1 million, compared with $60.9 million a year earlier. The company said the loss was driven by stock-based compensation and related taxes of $595.5 million tied to IPO charges, while Adjusted EBITDA swung to a profit of $10.0 million. The filing also added Sarah Farrell to the board and gave second-quarter revenue and Adjusted EBITDA ranges.
Q1 2024 revenue was $243.0 million, up 48% year-over-year; advertising revenue was $222.7 million, up 39%
Net loss was $575.1 million versus $60.9 million in Q1 2023, driven by $595.5 million of stock-based compensation and related taxes tied to IPO charges
Adjusted EBITDA was $10.0 million versus a loss of $(50.2) million a year earlier; operating cash flow was $32.1 million
Q2 2024 estimates: revenue of $240 million to $255 million and Adjusted EBITDA of $0 to $15 million; Sarah Farrell joined the board May 2, 2024
Cirrus Logic reported fiscal fourth-quarter 2024 revenue of $371.8 million, above the top end of its guidance range, and GAAP earnings per share of $0.81 compared with a loss of $0.97 a year earlier. Revenue fell 40 percent from the prior quarter, and the company guided June quarter revenue to $290 million to $350 million, which is down 14 percent sequentially at the midpoint.
Q4 FY24 revenue of $371.8 million, down 40 percent quarter over quarter and approximately flat year over year
Q4 GAAP diluted EPS of $0.81 versus a loss of $0.97 a year earlier; non-GAAP EPS of $1.24 versus $0.92
FY24 revenue of $1.79 billion, down six percent; GAAP EPS of $4.90 versus $3.09
Q1 FY25 guidance: revenue of $290 million to $350 million and GAAP gross margin of 49 to 51 percent
Berkshire Hathaway reported first-quarter 2024 net earnings attributable to shareholders of $12.7 billion, down from $35.5 billion a year earlier, mainly because of investment swings. Operating earnings, which exclude investment gains and losses, rose to $11.2 billion from $8.1 billion. Shareholders also met on May 4, 2024, and rejected all six shareholder proposals.
Q1 2024 net earnings: $12.7 billion, versus $35.5 billion in Q1 2023
Q1 2024 operating earnings: $11.2 billion, versus $8.1 billion in Q1 2023
Investment losses included about $9.7 billion of unrealized losses on equity holdings in Q1 2024
All six shareholder proposals were voted down at the May 4, 2024 annual meeting
Energizer reported fiscal second-quarter 2024 results for the period ended March 31, 2024. Net sales fell 3.0% to $663.3 million, while GAAP diluted EPS dropped to $0.45 from $0.55 and adjusted diluted EPS rose to $0.72 from $0.64. The company reaffirmed its fiscal 2024 outlook for adjusted EPS of $3.10 to $3.30 and adjusted EBITDA of $600 million to $620 million.
Net sales were $663.3 million versus $684.1 million a year earlier; organic net sales declined 2.7%.
GAAP net earnings were $32.4 million versus $40.0 million, after restructuring charges of $23.4 million versus $7.5 million.
Adjusted diluted EPS was $0.72 versus $0.64; adjusted EBITDA was $142.5 million versus $139.5 million.
Fiscal 2024 outlook for adjusted EPS ($3.10 to $3.30) and adjusted EBITDA ($600 million to $620 million) was reaffirmed.
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.