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).
Watts Water Technologies reported second-quarter 2024 sales of $597 million, up 12% on a reported basis but flat organically, and reported EPS of $2.44, up 8%. The company kept its full-year 2024 outlook and extended its revolving credit facility to July 12, 2029.
Reported sales of $597.3 million rose 12% from $532.8 million a year earlier; organic sales were flat, and acquisitions added $65 million
Reported EPS was $2.44, up from $2.26; adjusted EPS was $2.46, up 5% from $2.34
Reported operating margin was 18.7%, down 10 basis points; Europe sales fell 16% and its operating margin fell 580 basis points
Full-year 2024 outlook maintained: reported sales growth of 7% to 12% and adjusted operating margin of 17.1% to 17.7%
Monster Beverage reported second-quarter 2024 net sales of $1.90 billion, up 2.5% from a year earlier, and diluted earnings per share of $0.41, up 5.0%. Net income rose 2.8% to $425.4 million, while unfavorable foreign currency changes reduced net sales by $67.7 million.
Q2 net sales rose 2.5% to $1.90 billion; net sales excluding the Alcohol Brands segment, adjusted for currency, rose 7.4%.
Gross profit as a percentage of net sales was 53.6%, compared with 52.5% a year earlier.
Operating expenses rose to $492.3 million from $450.4 million, and Q2 operating income was $527.2 million versus $523.8 million.
Alcohol Brands segment net sales fell 31.9% to $41.6 million; a conference call is scheduled for August 7, 2024 at 2:00 p.m. Pacific Time.
Brighthouse Financial reported second quarter 2024 net income available to shareholders of $9 million, or $0.12 per diluted share, compared with a net loss of $200 million a year earlier. Adjusted earnings rose to $346 million, or $5.57 per diluted share, from $271 million, but the CEO said the statutory capital ratio ended the quarter at or modestly below the low end of its target range.
Q2 2024 net income $9 million ($0.12 per diluted share) vs. net loss of $200 million in Q2 2023
Q2 2024 adjusted earnings $346 million ($5.57 per diluted share) vs. $271 million in Q2 2023
Estimated combined RBC ratio between 380% and 400% as of June 30, 2024; holding company liquid assets $1.2 billion
Repurchased approximately $64 million of common stock in Q2 2024 and about $151 million year-to-date through August 2, 2024
Maximus reported fiscal third-quarter 2024 revenue of $1.31 billion, up 10.6% from a year earlier, and diluted earnings per share of $1.46 versus $0.50. The company raised its fiscal 2024 guidance for a third consecutive time, with adjusted diluted EPS now expected at $6.00 to $6.20, which points to stronger earnings for shareholders.
Q3 FY2024 revenue rose 10.6% to $1.31 billion; diluted EPS was $1.46 versus $0.50 a year earlier
Adjusted diluted EPS was $1.74 versus $0.78 in the prior-year quarter
FY2024 guidance: revenue $5.25 billion to $5.35 billion; adjusted diluted EPS $6.00 to $6.20; free cash flow $350 million to $380 million
Quarterly dividend of $0.30 per share is payable August 31, 2024
Texas Pacific Land reported second-quarter 2024 net income of $114.6 million, or $4.98 per diluted share, and consolidated revenues of $172.3 million, with the water services and operations segment posting record results. The company also set a target cash balance of about $700 million and said it will direct most free cash flow above that level to share repurchases and dividends, which bears directly on how shareholders receive cash.
Q2 2024 net income was $114.6 million ($4.98 diluted per share), compared with $114.4 million in Q1 2024.
Consolidated revenues were $172.3 million, down from $174.1 million in Q1 2024.
Water segment: water sales of $40.7 million, produced water royalties of $25.3 million, and segment net income of $34.5 million.
Target cash balance of about $700 million; a $10.00 special dividend was declared and paid on July 15, 2024.
HubSpot reported second-quarter 2024 revenue of $637.2 million, up 20% from a year earlier, and a GAAP net loss of $14.4 million, or $0.28 per share, compared with a $111.8 million loss in Q2 2023. It also issued third-quarter and full-year 2024 guidance, including full-year revenue of $2.567 billion to $2.573 billion and non-GAAP net income per share of $7.64 to $7.70.
Q2 2024 total revenue was $637.2 million, up 20% from Q2 2023; subscription revenue was $623.8 million.
GAAP net loss was $14.4 million, or $0.28 per share, versus a $111.8 million loss, or $2.25 per share, in Q2 2023.
Non-GAAP net income was $103.5 million, or $1.94 per diluted share, versus $71.8 million, or $1.38, a year earlier.
Q3 2024 revenue is expected at $646.0 million to $647.0 million; full-year 2024 non-GAAP operating income is expected at $437.0 million to $441.0 million.
Dutch Bros reported second-quarter 2024 results on August 7, 2024, with total revenue up 30.0% year over year and net income rising to $22.2 million from $9.7 million. The company raised its 2024 revenue and Adjusted EBITDA guidance and lowered its capital expenditure range, which indicates higher expected operating results for shareholders.
Total revenues were $324.9 million, up 30.0% from $249.9 million a year earlier.
Net income was $22.2 million, or $0.12 per diluted share, versus $9.7 million, or $0.05, in Q2 2023.
2024 total revenue guidance was raised to $1.215 billion to $1.230 billion, from $1.20 billion to $1.215 billion.
2024 Adjusted EBITDA guidance was raised to $200 million to $210 million, from $195 million to $205 million.
Boot Barn reported first-quarter fiscal 2025 net sales up 10.3% to $423.4 million and diluted EPS of $1.26, up from $1.13 a year earlier. The company also replaced its prior fiscal 2025 guidance, raising the expected diluted EPS range to $5.05 to $5.35 from a prior high end of $4.85, which signals higher expected profit for shareholders.
Q1 net sales rose 10.3% to $423.4 million; consolidated same store sales rose 1.4%, with e-commerce up 6.7%.
Q1 net income was $38.9 million, or $1.26 per diluted share, versus $34.3 million, or $1.13, a year earlier, including a benefit of about $0.06 per share from share-based compensation tax accounting.
Fiscal 2025 net sales guidance is $1.816 billion to $1.850 billion, versus a prior high end of $1.800 billion; income from operations guidance is $207.0 million to $219.4 million.
Second-quarter guidance calls for total sales of $405 million to $412 million and diluted EPS of $0.81 to $0.87.
SiTime reported second-quarter 2024 net revenue of $43.9 million, up 33% from the prior quarter and 58% from a year earlier, and said results exceeded its outlook. GAAP net loss was $26.8 million, or $1.16 per diluted share, compared with $28.7 million in the first quarter, and non-GAAP net income was $2.8 million, or $0.12 per diluted share.
Q2 2024 net revenue of $43.9 million, up 33% from $33.0 million in Q1 2024 and up 58% year over year
GAAP net loss of $26.8 million, or $1.16 per diluted share, versus a $28.7 million loss in Q1 2024
Non-GAAP net income of $2.8 million, or $0.12 per diluted share, versus a non-GAAP net loss of $1.9 million in Q1 2024
Cash, cash equivalents and short-term investments were $452.5 million on June 30, 2024, after a $68.6 million payment related to the Aura transaction
Sabra Health Care REIT reported second-quarter 2024 net income of $0.10 per diluted share, up from $0.09 a year earlier, and raised its 2024 earnings guidance ranges. The company also declared a quarterly dividend of $0.30 per share, which matters to shareholders because it reflects both higher reported earnings and the updated outlook.
Q2 2024 net income was $0.10 per diluted share versus $0.09 in Q2 2023; FFO was $0.35 versus $0.32
2024 guidance raised: net income $0.48-$0.51, Normalized FFO $1.36-$1.39, Normalized AFFO $1.41-$1.44 per diluted share
Quarterly dividend of $0.30 per share declared August 7, 2024, payable August 30, 2024 to holders of record on August 19, 2024
Net Debt to Adjusted EBITDA was 5.45x as of June 30, 2024; liquidity was approximately $906.0 million
Kratos Defense & Security Solutions reported second quarter 2024 revenue of $300.1 million, up 16.8% from $256.9 million a year earlier, and GAAP net income attributable to Kratos of $7.9 million, or $0.05 per share, compared with a net loss of $2.7 million, or $0.02 per share, in the second quarter of 2023. The company affirmed its full year 2024 revenue guidance of $1,125 million to $1,150 million and gave initial third quarter revenue guidance of $265 million to $280 million.
Q2 2024 revenue $300.1 million, up from $256.9 million; Unmanned Systems revenue $85.8 million, up 64.7%
Q2 2024 Adjusted EBITDA $29.9 million, compared with $21.6 million in Q2 2023
Full year 2024 revenue guidance of $1,125 million to $1,150 million affirmed; Q3 2024 revenue guidance $265 million to $280 million
Q2 2024 operating cash flow was negative $2.7 million; consolidated backlog was $1.303 billion at June 30, 2024
Duolingo reported second-quarter 2024 results on August 7, 2024, with revenue of $178.3 million, up 41% from the prior year quarter, and net income of $24.4 million, compared with $3.7 million a year earlier. The company also issued third-quarter 2024 guidance of $186.7 million to $189.7 million in revenue and updated its full-year 2024 revenue outlook to $731.3 million to $738.3 million, which shareholders can use to gauge expected growth.
Q2 2024 total revenues were $178.3 million, up 41%, and total bookings were $190.1 million, up 38%.
Net income was $24.4 million versus $3.7 million in Q2 2023; Adjusted EBITDA was $48.1 million, a 27.0% margin.
Paid subscribers reached 8.0 million at quarter end, up 52%, and monthly active users reached 103.6 million, up 40%.
Q3 2024 revenue guidance is $186.7 million to $189.7 million; full-year 2024 revenue guidance is $731.3 million to $738.3 million.
Ralph Lauren reported first quarter fiscal 2025 results for the quarter ended June 29, 2024, with diluted earnings per share of $2.61, up 33% from $1.96 a year earlier, and revenue up 1% to $1.5 billion. The company reaffirmed its full-year fiscal 2025 outlook of low-single-digit constant-currency revenue growth and 100 to 120 basis points of adjusted operating margin expansion, and it said first quarter results exceeded its expectations.
Diluted EPS was $2.61 versus $1.96 a year earlier, up 33%; adjusted EPS was $2.70, up 15%.
Revenue rose 1% to $1.5 billion (3% in constant currency); Europe grew 6%, Asia 4%, and North America fell 4%.
Full-year fiscal 2025 outlook reaffirmed: low-single-digit constant-currency revenue growth and 100 to 120 basis points of operating margin expansion.
Cash and short-term investments were $1.8 billion; the company repurchased approximately $176 million of Class A common stock in the quarter.
American Financial Group reported second quarter 2024 net earnings of $209 million, or $2.49 per diluted share, up from $200 million, or $2.34 per share, a year earlier. Core net operating earnings rose to $215 million ($2.56 per share) from $202 million ($2.38 per share), and the Specialty P&C combined ratio improved to 90.5% from 91.9%, which points to stronger underwriting results for shareholders.
Net earnings of $209 million ($2.49 per diluted share) vs. $200 million ($2.34) in Q2 2023
Core net operating earnings of $215 million ($2.56 per share), 8% higher than the $2.38 reported a year earlier
Specialty P&C combined ratio of 90.5%, an improvement of 1.4 points from 91.9% in Q2 2023
Earnings release dated August 6, 2024 furnished as Exhibit 99.1; conference call set for 11:30 a.m. ET on August 7, 2024
The New York Times Company reported second-quarter 2024 revenue of $625.1 million, up 5.8%, with operating profit up 42.4% to $79.4 million and diluted earnings per share of $0.40, versus $0.28 a year earlier. Digital-only subscribers rose by 300,000 in the quarter to 10.21 million, and the company guided to third-quarter digital-only subscription revenue growth of 12% to 15%, alongside adjusted operating cost growth of 5% to 6%.
Total revenues were $625.1 million, up 5.8% from $590.9 million in Q2 2023
Operating profit was $79.4 million, versus $55.8 million; diluted EPS was $0.40, versus $0.28
Digital-only subscribers reached 10.21 million, a net addition of 300,000 during the quarter
Q3 2024 guidance: digital-only subscription revenues up 12% to 15%; adjusted operating costs up 5% to 6%
Reynolds Consumer Products reported second-quarter 2024 net revenues of $930 million, down from $940 million a year earlier, while net income rose to $97 million from $66 million and EPS reached $0.46 versus $0.32. The company raised its full-year 2024 net revenue, net income, Adjusted EBITDA and EPS guidance and issued third-quarter 2024 guidance, which points to higher expected profit despite slightly lower sales.
Q2 2024 net revenues were $930 million versus $940 million in Q2 2023, with retail net revenues up 1% to $892 million.
Q2 2024 net income was $97 million versus $66 million, and Adjusted EBITDA was $172 million versus $150 million.
Full-year 2024 Adjusted EBITDA guidance was raised to $670 million to $685 million from $660 million to $680 million, and EPS guidance to $1.65 to $1.71 from $1.62 to $1.70.
The board approved a quarterly dividend of $0.23 per share, payable August 30, 2024, and a $50 million term loan prepayment was made after quarter end.
Dynatrace reported fiscal first-quarter 2025 results for the quarter ended June 30, 2024, with total revenue of $399 million, up 20% year over year, and non-GAAP diluted EPS of $0.33, up from $0.27. GAAP diluted EPS was $0.13, unchanged from a year earlier. The company issued second-quarter revenue guidance of $404 million to $407 million and kept its full-year fiscal 2025 guidance unchanged, which shareholders may watch for signs of how growth is tracking.
Total revenue $399 million, up 20%; annual recurring revenue (ARR) $1.54 billion, up 19%
GAAP net income $38.6 million vs. $38.2 million a year earlier; GAAP diluted EPS $0.13 in both periods
Non-GAAP diluted EPS $0.33 vs. $0.27; GAAP income from operations $42 million vs. $34 million
Q2 fiscal 2025 revenue guidance $404 million to $407 million; full-year revenue guidance $1,644 million to $1,658 million, unchanged
NiSource reported second quarter 2024 results, with GAAP net income available to common shareholders of $85.8 million, or $0.19 per diluted share, up from $39.9 million, or $0.09, a year earlier. Adjusted EPS was $0.21 versus $0.11, and the company reaffirmed its 2024 adjusted EPS guidance of $1.70-1.74 and its 6-8% annual adjusted EPS growth target for 2023-2028.
Q2 2024 GAAP net income available to common shareholders: $85.8 million, $0.19 per diluted share, versus $39.9 million, $0.09, in Q2 2023
Q2 2024 adjusted net income available to common shareholders: $94.7 million, $0.21 adjusted EPS, versus $50.3 million, $0.11, in Q2 2023
2024 adjusted EPS guidance of $1.70-1.74 reaffirmed; 2024-2028 base capital expenditure plan is $16.4 billion
Six months ended June 30, 2024 GAAP EPS was $0.95, versus $0.80 a year earlier
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.