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8-K filings in September 2024, explained

172 material Form 8-K filings that 152 companies we cover made with the SEC in September 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).

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PRGSPROGRESS SOFTWARE CORP /MA Sep 24, 4:17 PM ET

Progress Q3 revenue rises 2% to $179 million and raises FY 2024 revenue guidance

Positive earnings Written later 2.027.01

Progress reported fiscal third-quarter 2024 revenue of $179 million, up 2% year over year, and GAAP diluted earnings per share of $0.65, up from $0.42. It raised its fiscal 2024 GAAP revenue guidance but lowered its GAAP diluted EPS guidance, and its board approved suspending the quarterly dividend once the $875 million ShareFile acquisition closes.

  • Q3 revenue $179 million, up 2% year over year; GAAP diluted EPS $0.65 vs. $0.42; non-GAAP diluted EPS $1.26 vs. $1.08.
  • Annualized Recurring Revenue of $582 million, relatively flat year over year on a constant currency basis.
  • FY 2024 GAAP revenue guidance raised to $745 million-$755 million from $725 million-$735 million; GAAP diluted EPS guidance lowered to $1.69-$1.81 from $1.98-$2.10.
  • Board approved suspending the quarterly dividend as of the closing of the $875 million ShareFile acquisition, with capital redirected to debt repayment, M&A and share repurchases.
Read the filing on SEC.gov ↗

HEI prices 54,054,054-share common stock offering at $9.25 per share

Neutral financing Written later 1.018.01

Hawaiian Electric Industries agreed on September 23, 2024 to sell 54,054,054 shares of common stock at $9.25 per share, with expected net proceeds of approximately $485 million. The company plans to use the proceeds to fund its contribution to the expected Maui wildfire tort litigation settlement and for general corporate purposes. Shareholders should note the new share count and the underwriters' option to buy up to 8,108,108 more shares.

  • Company agreed to sell 54,054,054 shares at $9.25 per share under an underwriting agreement dated September 23, 2024 with Wells Fargo Securities, Barclays Capital and Guggenheim Securities.
  • Expected net proceeds of approximately $485 million after underwriting discounts, commissions and estimated offering expenses.
  • Underwriters have an option to purchase up to 8,108,108 additional shares.
  • Proceeds will fund the company's contribution to the expected Maui wildfire tort litigation settlement and general corporate purposes; closing is expected on September 25, 2024.
Read the filing on SEC.gov ↗
THOTHOR INDUSTRIES INC Sep 24, 6:31 AM ET

THOR Industries guides fiscal 2025 EPS to $4.00-$5.00 as fiscal 2024 sales fell 9.7%

Negative guidance Written later 2.027.01

THOR Industries reported fourth-quarter and fiscal 2024 results for the year ended July 31, 2024, with net sales down 7.4% in the quarter and 9.7% for the year. The company also issued its first fiscal 2025 guidance, calling for net sales of $9.0 billion to $9.8 billion and diluted EPS of $4.00 to $5.00, which is below fiscal 2024's $4.94 diluted EPS.

  • Fourth-quarter net sales were $2.53 billion, down 7.4%, while diluted EPS was $1.68, flat versus the prior year.
  • Fiscal 2024 net sales were $10.04 billion, down 9.7%, and diluted EPS was $4.94, down 28.9% but ahead of the company's most recent guidance.
  • Fiscal 2025 guidance: net sales of $9.0 billion to $9.8 billion, gross profit margin of 14.7% to 15.2%, and diluted EPS of $4.00 to $5.00.
  • Liquidity was approximately $1.32 billion on July 31, 2024, and the company repurchased 720,997 shares for $68.4 million in fiscal 2024.
Read the filing on SEC.gov ↗

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.