352 material Form 8-K filings that 310 companies we cover made with the SEC in August 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).
ScanSource reported fourth-quarter and fiscal 2024 results for the year ended June 30, 2024, with net sales down 21.2% in the quarter and 13.9% for the year, and GAAP diluted EPS down year over year. The company also issued its first fiscal 2025 outlook, projecting net sales of $3.1 billion to $3.5 billion and adjusted EBITDA of $140 million to $160 million, and said it completed two acquisitions in August 2024.
Q4 fiscal 2024 net sales were $746.1 million, down 21.2%, and GAAP diluted EPS was $0.64 versus $0.68 a year earlier.
Fiscal 2024 GAAP diluted EPS was $3.06 versus $3.47, and operating cash flow was $371.6 million versus a $35.8 million outflow.
FY25 outlook: net sales $3.1 billion to $3.5 billion, adjusted EBITDA $140 million to $160 million, and free cash flow of at least $70 million.
The Buckle, Inc. reported results for the fiscal quarter ended August 3, 2024, with net income of $39.3 million, or $0.78 per diluted share, down from $45.6 million, or $0.92 per diluted share, a year earlier. Net sales fell 3.4% to $282.4 million, and comparable store net sales decreased 6.6%, so shareholders saw lower sales and profit in the quarter.
Q2 net sales decreased 3.4% to $282.4 million from $292.4 million; online sales fell 15.2% to $37.0 million.
Q2 diluted EPS was $0.78 versus $0.92 a year earlier; net income was $39.3 million versus $45.6 million.
Year-to-date (26 weeks) net sales fell 5.3% to $544.9 million and diluted EPS was $1.48 versus $1.78.
The company operated 440 stores in 42 states at the end of the quarter, unchanged from a year earlier.
Metallus reported second-quarter 2024 net sales of $294.7 million and net income of $4.6 million, or $0.10 per diluted share, down from $356.6 million and $28.9 million a year earlier. The company expects adjusted EBITDA to decline sequentially in the third quarter of 2024 on weaker market demand, which points to continued pressure on shareholder earnings.
Net sales were $294.7 million, down 17 percent from $356.6 million in the second quarter of 2023 and down 8 percent from $321.6 million in the first quarter of 2024.
Adjusted EBITDA was $19.9 million, compared with $50.5 million in the second quarter of 2023 and $43.4 million in the first quarter of 2024.
Third-quarter 2024 adjusted EBITDA is expected to decline sequentially, and third-quarter shipments are expected to be lower than the second quarter.
Planned 2024 capital expenditures were reduced to approximately $55 million, a $5 million reduction from previous guidance.
AMN Healthcare reported second-quarter 2024 revenue of $741 million, down 25% from a year earlier, with GAAP diluted EPS of $0.42 compared with $1.55 in the second quarter of 2023. Its third-quarter outlook projects revenue of $660 million to $680 million, 20% to 23% below the prior year, which signals that the year-over-year decline is expected to continue.
Q2 2024 revenue was $741 million, down 25% year over year and 10% from the first quarter.
GAAP diluted EPS was $0.42 versus $1.55 a year earlier; adjusted diluted EPS was $0.98 versus $2.38.
Third-quarter 2024 revenue guidance is $660 million to $680 million, 20% to 23% lower than the prior year.
Operating cash flow was $100 million in the quarter, and the company reduced debt by $80 million; total debt was $1.195 billion at June 30, 2024.
Medical Properties Trust reported a second-quarter 2024 net loss of $321 million, or $0.54 per share, compared with a net loss of $42 million, or $0.07 per share, a year earlier. Normalized FFO fell to $139 million, or $0.23 per share, from $285 million, or $0.48 per share. The company also amended its credit agreement, which cuts the revolver to $1.28 billion and limits cash dividends to $0.08 per share per quarter through September 30, 2025.
Q2 net loss of $321 million ($0.54 per share) versus $42 million ($0.07 per share) a year earlier, including about $400 million in real estate gains and about $700 million in impairments and negative fair value adjustments
Normalized FFO of $139 million ($0.23 per share) versus $285 million ($0.48 per share) in the year-earlier quarter
Credit amendment dated August 6, 2024 cuts revolving commitments from $1.4 billion to $1.28 billion and limits cash dividends to $0.08 per share per quarter through September 30, 2025
Maximum total leverage ratio raised from 60% to 65%; minimum unsecured interest coverage ratio lowered from 1.75:1.00 to 1.45:1.00; borrowing spreads rise to 300 basis points during the covenant period
Prestige Consumer Healthcare reported fiscal first quarter 2025 results for the quarter ended June 30, 2024. Revenue fell 4.4% to $267.1 million and diluted EPS was $0.98, versus $1.06 a year earlier, while the company said results were ahead of its own expectations. The company reaffirmed its full-year fiscal 2025 outlook, so shareholders face lower year-over-year earnings with guidance unchanged.
Revenue of $267.1 million, down 4.4% from $279.3 million; organic revenue down 4.3%
Diluted EPS of $0.98 vs. $1.06 a year earlier; adjusted diluted EPS of $0.90
Operating cash flow of $54.8 million vs. $48.1 million; about 0.4 million shares repurchased for $26.0 million
Fiscal 2025 outlook reaffirmed: revenue of $1,125 million to $1,140 million; adjusted diluted EPS of $4.40 to $4.46
Envista reported second-quarter 2024 sales of $633.1 million, down from $662.4 million a year earlier, and a net loss of $1,151.6 million, or $6.69 per share, driven by a $1,153.8 million non-cash goodwill and intangible asset impairment. Adjusted EPS fell to $0.11 from $0.43, and the company guided to a 1% to 4% core sales decline for full-year 2024, with a further decline expected in the third quarter.
Q2 sales were $633.1 million, down from $662.4 million; core sales declined 3.2%.
Net loss was $1,151.6 million, or $6.69 per share, including a $1,153.8 million non-cash impairment charge.
Adjusted EPS was $0.11 versus $0.43; adjusted EBITDA was $63.0 million versus $126.2 million.
For 2024, the company expects core sales to decline 1% to 4% and adjusted EBITDA margins of 10% to 12%.
Sunstone Hotel Investors reported second quarter 2024 net income of $26.1 million, down from $43.1 million a year earlier, and income per diluted share of $0.11 versus $0.19. The company cut its full-year 2024 net income guidance to $55 million to $65 million from $56 million to $77 million, citing a slower recovery in Maui, which lowers the revenue and earnings outlook for shareholders.
Q2 2024 net income was $26.1 million versus $43.1 million; comparable RevPAR fell 2.0% to $232.59.
Full-year 2024 net income guidance is now $55 million to $65 million, down from $56 million to $77 million; total portfolio RevPAR growth guidance is now -0.25% to +1.75%, down from +2.25% to +5.25%.
Adjusted FFO per diluted share was $0.28 in Q2 2024, down 15.2%; full-year guidance is $0.85 to $0.90 versus $0.84 to $0.94 previously.
Through August 6, 2024, the company repurchased 698,043 shares at an average $9.90; $447.8 million remains under its repurchase authorization.
Griffon reported fiscal third-quarter 2024 revenue of $647.8 million, down 5% from the prior year, and diluted earnings per share of $0.84 versus $0.90. Adjusted EBITDA fell 9% to $125.5 million, and the company said it still expects to meet its previously provided full-year 2024 guidance.
Revenue of $647.8 million versus $683.4 million a year earlier, a 5% decrease
Net income of $41.1 million, or $0.84 per share, versus $49.2 million, or $0.90 per share; adjusted EPS was $1.24 versus $1.29
Adjusted EBITDA of $125.5 million, down 9% from $138.6 million; restructuring charges were $18.7 million in the quarter
Full-year 2024 outlook unchanged: revenue of $2.65 billion and Adjusted EBITDA of $555 million
Vishay Intertechnology reported fiscal second-quarter 2024 revenue of $741.2 million, roughly flat from the prior quarter but down from $892.1 million a year earlier, and diluted EPS of $0.17 versus $0.68 a year earlier. Management said the industry recovery is taking longer than expected and guided third-quarter revenue to $745 million plus or minus $20 million, with gross margin of 21.0% plus or minus 50 basis points.
Q2 2024 revenue $741.2 million, versus $746.3 million in Q1 2024 and $892.1 million in Q2 2023; gross margin 22.0%, versus 28.9% a year earlier
Q2 2024 EPS $0.17, versus $0.22 in Q1 2024 and $0.68 in Q2 2023; quarterly free cash was negative $86.8 million
Q3 2024 outlook: revenue $745 million plus or minus $20 million; gross margin 21.0% plus or minus 50 basis points, including a 175 to 200 basis point drag from Newport
Itzehoe, Germany expansion timetable moved beyond 2024; 2024 capex now planned at $360 million to $390 million
Extreme Networks reported fourth-quarter fiscal 2024 revenue of $256.7 million, down 29% from a year earlier, and a GAAP loss of $0.42 per share, compared with GAAP diluted earnings of $0.19 a year earlier. The company recorded a $46.5 million provision for excess and obsolete inventory and loss on supplier commitments in the quarter, and guided fiscal first-quarter 2025 revenue to $255.0 million to $265.0 million.
Fiscal Q4 2024 revenue $256.7 million, down 29% year over year; GAAP gross margin 44.7%, compared with 58.9% a year earlier
Fiscal year 2024 revenue $1,117.2 million, down 15%; GAAP loss of $0.65 per share versus diluted EPS of $0.58 in fiscal 2023
Excess and obsolete inventory and supplier commitment charge of $46.5 million in Q4 and $64.5 million for fiscal 2024; non-GAAP diluted EPS for fiscal 2024 was $0.32
Fiscal Q1 2025 guidance: revenue $255.0 million to $265.0 million; full fiscal 2025 revenue guidance $1,110.0 million to $1,135.0 million
The Andersons reported second quarter 2024 results on August 6, 2024, with net income attributable to the company of $36 million, or $1.05 per diluted share, down from $55 million, or $1.61, a year earlier. Adjusted EPS was $1.15 versus $1.52, and sales and merchandising revenues fell to $2.8 billion from $4.0 billion. Shareholders face lower quarterly profit across the Renewables and Nutrient & Industrial segments, and management said it expects to update on the Skyland Grain opportunity later in the third quarter.
Net income attributable to The Andersons was $36 million ($1.05 diluted EPS) versus $55 million ($1.61) in Q2 2023.
Adjusted EPS was $1.15 versus $1.52 a year earlier; adjusted EBITDA was $98 million versus $144 million.
Sales and merchandising revenues were $2.8 billion versus $4.0 billion in Q2 2023.
Management expects to provide an update on the Skyland Grain opportunity later in the third quarter.
Gulfport reported a second-quarter 2024 net loss of $26.2 million, compared with net income of $93.7 million a year earlier, as total revenues fell to $181.1 million from $304.7 million. The company kept its full-year capital guidance unchanged and narrowed its 2024 production forecast, but reported profit and revenue declined sharply for shareholders.
Q2 2024 net loss of $26.2 million vs. net income of $93.7 million in Q2 2023; total revenues $181.1 million vs. $304.7 million
Diluted loss of $1.51 per share vs. diluted earnings of $4.18 per share a year earlier
2024 production guidance narrowed to 1,055-1,070 MMcfe per day; capital expenditure guidance unchanged, with over $25 million in expected savings
Repurchased about $25.0 million of common stock in Q2 2024; about $188.8 million of repurchase capacity remained as of July 29, 2024
Mosaic reported a net loss of $162 million, or $(0.50) per diluted share, for the quarter ended June 30, 2024, compared with net income of $369 million a year earlier. Second-quarter revenue fell 17 percent to $2.8 billion, mainly on lower selling prices, and results included notable items, mainly foreign currency transaction losses. Adjusted EPS was $0.54 versus $1.04 a year ago, so shareholders face weaker earnings this quarter, though the company cited progress on cost reductions.
Net loss of $162 million, or $(0.50) per diluted share, versus net income of $369 million, or $1.11 per share, a year earlier
Net sales of $2.8 billion, down 17 percent; gross margin rate of 14 percent versus 17 percent
Adjusted EPS of $0.54 versus $1.04; Adjusted EBITDA of $584 million versus $744 million
Third-quarter guidance: potash sales volumes of 2.1-2.3 million tonnes and phosphate sales volumes of 1.7-1.9 million tonnes; 2024 capital expenditures of $1.1-1.2 billion
Acushnet Holdings reported second-quarter 2024 results in which net sales and net income both fell year over year, while Adjusted EBITDA was nearly flat at $131.0 million. The company reaffirmed its full-year 2024 outlook and declared a quarterly dividend of $0.215 per share. For shareholders, the quarter shows lower sales and profit, while the first six months show sales up 1.1% but net income down 5.2%.
Q2 net sales were $683.9 million, down 0.8% year over year and up 0.6% in constant currency.
Q2 net income attributable to Acushnet was $71.4 million, down 4.4%, primarily due to higher interest expense, net.
Full-year 2024 outlook reaffirmed: net sales of approximately $2,450 million to $2,500 million and Adjusted EBITDA of approximately $385 million to $405 million.
Quarterly dividend of $0.215 per share is payable September 20, 2024, to holders of record on September 6, 2024.
Vornado Realty Trust reported second quarter 2024 results on August 5, 2024. Net income attributable to common shareholders was $35.3 million, or $0.18 per diluted share, down from $46.4 million, or $0.24, a year earlier, and revenues fell to $450.3 million from $472.4 million. Shareholders face lower reported earnings, although FFO per diluted share rose to $0.76 from $0.74 on the company's non-GAAP measure.
Net income attributable to common shareholders was $35.3 million, or $0.18 per diluted share, versus $46.4 million, or $0.24, in Q2 2023.
FFO attributable to common shareholders plus assumed conversions was $0.76 per diluted share, up from $0.74; FFO as adjusted was $0.57, down from $0.72.
Same store NOI at share fell 9.0% for the three months ended June 30, 2024, compared with June 30, 2023.
The quarterly earnings conference call is scheduled for August 6, 2024 at 10:00 a.m. ET.
Boise Cascade reported second quarter 2024 net income of $112.3 million, or $2.84 per diluted share, on sales of $1.8 billion, down from $146.3 million, or $3.67 per share, a year earlier. Wood Products segment income fell 30% on lower engineered wood prices, while Building Materials Distribution sales rose 1%. The board also declared a $5.00 per share special dividend payable September 16, 2024, a return of capital to shareholders even as earnings declined.
Net income of $112.3 million, or $2.84 per diluted share, versus $3.67 in second quarter 2023 (down 23%)
Sales of $1,797.7 million, down 1% from $1,815.2 million a year earlier
Adjusted EBITDA of $181.2 million, down 18% from $221.0 million
Special dividend of $5.00 per share payable September 16, 2024, to holders of record on September 3, 2024
ZoomInfo reported second-quarter 2024 revenue of $291.5 million, down 6% from a year earlier, and a GAAP net loss of $24.4 million, or $0.07 per diluted share, after $33 million in charges tied to a change in receivable collectibility estimates. The company also lowered its full-year 2024 GAAP revenue and adjusted EPS guidance, and CFO P. Cameron Hyzer will leave the role effective September 6, 2024.
Q2 2024 GAAP revenue was $291.5 million, down from $308.6 million in Q2 2023; adjusted operating income was $81.6 million, down 35%.
Q2 2024 GAAP net loss was $24.4 million, or $0.07 per diluted share, versus net income of $38.1 million a year earlier; adjusted EPS was $0.17 versus $0.26.
FY 2024 GAAP revenue guidance is now $1.190 to $1.205 billion, down from the prior $1.255 to $1.27 billion; adjusted EPS guidance is $0.86 to $0.88, down from $1.00 to $1.02.
CFO P. Cameron Hyzer departs effective September 6, 2024, and Michael Graham O'Brien becomes interim CFO and principal financial officer on that date.
Alpha Metallurgical Resources (AMR) reported second-quarter 2024 net income of $58.9 million, or $4.49 per diluted share, down from $127.0 million, or $9.59 per share, in the first quarter. Adjusted EBITDA fell to $116.0 million from $189.6 million, as Met segment realized pricing dropped to $141.86 per ton from $166.68. The company attributed the decline to weaker steel demand and said the pressures intensified in the third quarter.
Q2 2024 net income was $58.9 million, or $4.49 per diluted share, versus $127.0 million, or $9.59 per share, in Q1 2024 and $181.4 million, or $12.16 per share, in Q2 2023.
Met segment coal revenues excluding freight and handling were $645.7 million, down from $727.6 million in Q1 2024, on 4.6 million tons sold.
Cash and cash equivalents were $336.1 million at June 30, 2024, and total liquidity was $356.7 million.
As of July 31, 2024, the company had repurchased about 6.6 million shares for about $1.1 billion under a $1.5 billion authorization.
Floor & Decor reported second-quarter fiscal 2024 results for the period ended June 27, 2024, with net sales of $1,133.1 million, down 0.2%, and comparable store sales down 9.0%. Diluted earnings per share fell to $0.52 from $0.66, and the company issued an updated outlook for fiscal 2024 with diluted EPS of approximately $1.55 to $1.75, which shareholders will weigh against the weaker quarter.
Net sales of $1,133.1 million were down 0.2% from $1,135.9 million a year earlier; comparable store sales fell 9.0%.
Net income of $56.7 million was down 20.7%, and diluted EPS of $0.52 was down 21.2% from $0.66.
Updated fiscal 2024 outlook: diluted EPS of approximately $1.55 to $1.75 and comparable store sales of approximately (8.5)% to (6.5)%.
The company opened five warehouse stores in the quarter, plans 30 openings in 2024, and expects about 25 in 2025.
MP Materials reported a second-quarter 2024 net loss of $34.1 million, or $(0.21) per diluted share, compared with net income of $7.4 million a year earlier, as revenue fell 51% to $31.3 million. The company said it more than doubled NdPr production from the prior quarter and expects NdPr output to rise 50% in the third quarter.
Revenue was $31.3 million versus $64.0 million a year earlier, driven by a 43% drop in rare earth oxide sales volume and a 33% drop in realized price.
Net loss was $34.1 million, or $(0.21) per diluted share, versus net income of $7.4 million, or $0.04 per share, in the prior-year quarter.
Adjusted EBITDA was $(27.1) million versus $27.0 million, including an $11.8 million inventory reserve recorded in the quarter.
NdPr production reached 272 metric tons, and the company expects a 50% increase in NdPr output in the third quarter of 2024.
Corsair Gaming reported second-quarter 2024 net revenue of $261.3 million, down 19.7% from $325.4 million a year earlier, and a net loss of $29.6 million, or $0.28 per diluted share, compared with net income of $0.01 per diluted share in the prior-year quarter. The company also set a full-year 2024 outlook of $1.25 billion to $1.35 billion in net revenue and $60 million to $75 million in adjusted EBITDA, which shareholders will weigh against the weaker quarter.
Q2 2024 net revenue was $261.3 million, down 19.7% year over year; Gaming Components and Systems fell to $167.1 million from $246.7 million, while Gamer and Creator Peripherals rose to $94.2 million from $78.8 million.
Q2 2024 adjusted EBITDA was a loss of $1.2 million, compared with adjusted EBITDA of $17.8 million in Q2 2023.
Full-year 2024 outlook: net revenue of $1.25 billion to $1.35 billion, adjusted operating income of $48 million to $63 million, and adjusted EBITDA of $60 million to $75 million.
In July 2024 the company reduced approximately 100 employees as part of cost savings.
International Bancshares Corporation reported net income of $194.3 million, or $3.12 diluted earnings per share, for the six months ended June 30, 2024, down 3.9% in net income and 4.0% in diluted EPS from the same period in 2023. Net income for the second quarter was $97.0 million, or $1.56 per diluted share, down from $100.5 million, or $1.62, a year earlier, and the company cited a higher provision for credit losses as a drag on results.
Six-month net income was $194.3 million, or $3.12 diluted EPS, versus $202.1 million, or $3.25, in the first half of 2023.
Three-month net income was $97.0 million, or $1.56 diluted EPS, versus $100.5 million, or $1.62, in the second quarter of 2023.
The higher provision for credit losses was primarily driven by a charge-down of an impaired credit after a bankruptcy-related foreclosure.
Total assets were $15.5 billion and deposits were $12.0 billion at June 30, 2024.
Belden reported second quarter 2024 revenue of $604 million, down 13% from a year earlier, with GAAP diluted EPS of $1.19 (down 26%) and adjusted EPS of $1.51 (down 21%). The company gave third quarter guidance of $635 million to $650 million in revenue and adjusted EPS of $1.55 to $1.65, and said it closed its acquisition of Precision Optical Technologies, Inc. during the quarter.
Q2 revenue was $604 million versus $692 million a year earlier; organic revenue fell 13%.
GAAP diluted EPS was $1.19 versus $1.60; adjusted EPS was $1.51 versus $1.91.
Adjusted EBITDA was $99 million, with a 16.5% margin, down 130 basis points.
Q3 2024 guidance: revenue of $635 million to $650 million and adjusted EPS of $1.55 to $1.65.
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.