588 material Form 8-K filings that 519 companies we cover made with the SEC in October 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).
Applied Industrial Technologies said Richard M. Wagner, its Chief Accounting Officer & Controller since August 2024, will take over as principal accounting officer, succeeding David K. Wells, who remains principal financial officer. The change concerns internal reporting roles and does not alter the company's financial results or outlook as stated in the filing.
Richard M. Wagner, age 56, becomes principal accounting officer effective after October 25, 2024.
David K. Wells, Vice President – Chief Financial Officer & Treasurer, will continue as principal financial officer.
Wagner previously was Vice President, Chief Accounting Officer at Dentsply Sirona, Inc. and Hillrom Holdings, Inc. before joining Applied.
The filing states no family relationships or reportable related transactions for Wagner.
InvenTrust Properties Corp. signed a third amendment to its revolving credit agreement with KeyBank as administrative agent, dated October 23, 2024. The amendment raises revolver commitments from $350 million to $500 million and extends the maturity to January 2029, with one six-month extension option subject to an extension fee. The company says the facility is available for general corporate purposes, including acquisitions, and the filing reports no change to the $400 million term loan.
Revolver commitments increased from $350 million to $500 million under the amendment dated October 23, 2024.
Maturity extended to January 15, 2029, with one six-month extension option subject to an extension fee.
Total unsecured credit facility is $900 million, including the unchanged $400 million term loan.
Revolver interest currently accrues at 105 basis points plus Adjusted Term SOFR and varies with corporate leverage levels.
Gaming and Leisure Properties reported third-quarter 2024 results, with total revenue up 7.1% year over year to $385.3 million and net income of $190.1 million, versus $189.3 million a year earlier. Diluted earnings per share fell to $0.67 from $0.70, while AFFO per share rose to $0.95 from $0.92, and the company set full-year 2024 AFFO guidance of $1.055 billion to $1.058 billion, or $3.74 to $3.76 per diluted share and OP unit.
Total revenue of $385.3 million for the quarter, up from $359.6 million in the year-ago quarter
Net income of $190.1 million; diluted EPS of $0.67 versus $0.70 a year earlier
AFFO per diluted share and OP unit of $0.95 versus $0.92; FFO per share of $0.89 versus $0.94
2024 AFFO guidance of $1.055 billion to $1.058 billion, or $3.74 to $3.76 per diluted share and OP unit
Graco Inc. amended its Amended and Restated Credit Agreement on October 25, 2024, extending the maturity of its $750 million unsecured revolving credit facility from March 25, 2026 to October 25, 2029. The amendment also removes margin and facility fee adjustments that would have applied after a significant acquisition completed before December 31, 2023, which gives the company a longer, more predictable borrowing period.
Maturity of the $750 million unsecured revolving credit facility extended from March 25, 2026 to October 25, 2029
Amendment No. 3 signed with U.S. Bank National Association as administrative agent
Removes pricing adjustments to base rate and non-base rate loan margins and the facility fee rate tied to a significant acquisition
Tompkins Financial reported third-quarter 2024 diluted earnings per share of $1.30 and net income of $18.6 million, up from $1.10 per share and $15.7 million in the second quarter, and up from a loss in the third quarter of 2023. The company also said its Board named Daniel J. Fessenden to succeed Thomas R. Rochon as Chair when Rochon retires at the 2025 Annual Meeting, and declared a $0.62 per share dividend.
Q3 2024 diluted EPS $1.30 vs. $1.10 in Q2 2024 and $(2.35) in Q3 2023, which included a $62.9 million pre-tax loss on securities sales
Net interest margin 2.79% in Q3 2024, up from 2.73% in Q2 2024
Thomas R. Rochon to retire as Chair at the 2025 Annual Meeting; Daniel J. Fessenden named successor, effective at that meeting
Quarterly dividend of $0.62 per share, payable November 15, 2024, to holders of record on November 8, 2024
M/I Financial, a subsidiary of M/I Homes, amended its mortgage repurchase facility with JPMorgan Chase Bank, N.A. as administrative agent, extending the term to the earlier of October 21, 2025 or an earlier termination by a governmental order or operation of law. The amendment sets a maximum aggregate commitment of $300 million, and the filing says other material terms are unchanged. The facility finances eligible mortgage loans originated by M/I Financial, so the change maintains that funding source for the company's lending arm.
Amendment dated October 22, 2024 to the Master Repurchase Agreement dated October 24, 2023 with JPMorgan Chase Bank, N.A. as administrative agent
Facility term extended to the earlier of October 21, 2025 or earlier termination by a governmental order or operation of law
Maximum aggregate commitment set at $300 million; other material terms remain unchanged
NOV reported third-quarter 2024 revenue of $2.19 billion, roughly flat year over year, and net income of $130 million, or $0.33 per share, up $16 million from a year earlier. For the fourth quarter, management expects consolidated revenue to fall 3% to 5% year over year, with Adjusted EBITDA of $280 million to $300 million, and full-year Adjusted EBITDA near the lower end of its prior $1.10 billion to $1.18 billion range.
Q3 2024 revenue was $2.19 billion, up $6 million from Q3 2023; Adjusted EBITDA rose 7% to $286 million.
Q3 net income was $130 million, or $0.33 per share, up $16 million, or $0.04 per share, year over year.
Q4 2024 guidance: consolidated revenue down 3% to 5% year over year and Adjusted EBITDA of $280 million to $300 million.
Q3 free cash flow was $277 million; NOV repurchased 4.6 million shares for $80 million and returned $109 million to shareholders in total.
Portland General Electric reported third-quarter 2024 GAAP net income of $94 million, or $0.90 per diluted share, up from $47 million, or $0.46 per diluted share, a year earlier, on total revenues of $929 million versus $802 million. The company narrowed its 2024 adjusted earnings guidance to $3.08 to $3.18 per diluted share from $2.98 to $3.18, raising the low end of the range.
Q3 2024 GAAP net income was $94 million, or $0.90 per diluted share, versus $47 million, or $0.46, in Q3 2023
Total revenues were $929 million for Q3 2024 versus $802 million for Q3 2023
2024 adjusted EPS guidance narrowed to $3.08 to $3.18 per diluted share from $2.98 to $3.18
Quarterly common stock dividend of $0.50 per share is payable on or before January 15, 2025 to holders of record on December 24, 2024
On October 22, 2024, Allient and subsidiary Allied Motion Technologies B.V. amended their revolving credit facility with HSBC and a note purchase agreement, raising the maximum leverage ratio for 2025 and changing how EBITDA is calculated. The amendments also add a 50 basis point interest rate increase on the notes and restrict acquisitions through December 31, 2025, so shareholders get more covenant room but higher borrowing costs and fewer acquisition options.
Maximum leverage ratio raised to 4.5:1 for quarters ending March 31 and June 30, 2025, and to 4.0:1 for September 30, 2025
Note purchase agreement interest rate rises 50 basis points for Q4 2024 through Q3 2025
Acquisitions restricted through December 31, 2025
Company also executed a $50 million interest rate swap effective September 30, 2024, with a three-year term
WisdomTree reported a third-quarter 2024 GAAP net loss of $4.5 million, or $0.13 per diluted share, compared with net income of $21.8 million in the second quarter. Operating revenues rose 5.7% from the prior quarter to $113.2 million, and adjusted diluted EPS was $0.18, but the loss reflected a $30.6 million loss on extinguishment of convertible notes and a $4.0 million SEC civil money penalty. The board also declared a $0.03 quarterly dividend payable November 20, 2024.
Q3 2024 GAAP net loss of $4.5 million, or $0.13 per diluted share, versus net income of $21.8 million in Q2 2024
Operating revenues of $113.2 million, up 5.7% from Q2 2024 and 25.2% from Q3 2023; ending AUM of $112.6 billion
Adjusted net income of $28.8 million; adjusted diluted EPS of $0.18 versus $0.10 in Q3 2023
$0.03 per share dividend payable November 20, 2024, to holders of record as of November 6, 2024
First Hawaiian reported third-quarter 2024 net income of $61.5 million, or $0.48 per diluted share, against $61.9 million in the prior quarter and $58.2 million a year earlier. Net interest income rose 2.5% from the prior quarter to $156.7 million, but the provision for credit losses increased to $7.4 million from $1.8 million, and noninterest expense rose $4.1 million. The Board also declared a quarterly dividend of $0.26 per share, payable November 29, 2024.
Net income $61.5 million, or $0.48 per diluted share, versus $61.9 million and $0.48 in Q2 2024 and $58.2 million and $0.46 in Q3 2023
Net interest income $156.7 million, up $3.9 million from the prior quarter; net interest margin 2.95%, up 3 basis points
Provision for credit losses $7.4 million, versus $1.8 million in the prior quarter; total deposits down $91.1 million to $20.2 billion
Quarterly dividend of $0.26 per share declared October 23, 2024, payable November 29, 2024 to holders of record on November 18, 2024
Piper Sandler reported third-quarter 2024 U.S. GAAP net revenues of $359.6 million, up 6% from the second quarter and 24% from the third quarter of 2023. Net income attributable to the company was $34.8 million, or $1.96 per diluted share, essentially flat from the prior quarter but up sharply from $0.22 a year earlier. The company also declared a quarterly dividend of $0.65 per share.
GAAP net revenues of $359.6 million, up 6% from Q2 2024 and 24% from Q3 2023
GAAP diluted EPS of $1.96 versus $1.97 in Q2 2024 and $0.22 in Q3 2023; adjusted diluted EPS of $2.57
GAAP pre-tax margin of 15.5%, up from 8.3% in Q2 2024; investment banking revenues fell 7% from Q2 2024
Quarterly dividend of $0.65 per share declared October 25, 2024, payable December 13, 2024 to holders of record on November 22, 2024
Gentex reported record third-quarter 2024 net sales of $608.5 million, up 6% from a year earlier, and diluted earnings per share of $0.53, up 18%. The company lowered its calendar 2024 revenue and gross margin guidance, citing weaker light vehicle production, and said its gross margin target will likely not be reached until 2025.
Net sales were $608.5 million, up from $575.8 million in Q3 2023, while light vehicle production in the primary markets fell 6%.
Net income was $122.5 million, up 17%, and diluted EPS was $0.53 versus $0.45, helped by $14.5 million in non-cash gains on tech investments.
2024 revenue guidance was lowered to $2.35-$2.40 billion from $2.40-$2.50 billion, and gross margin guidance to 33.5%-34.0% from 34%-34.5%.
The company repurchased 3.2 million shares at an average price of $30.16 and has about 10.1 million shares left under its plan.
Saia reported third quarter 2024 results on October 25, 2024, with revenue up 8.6% to $842.1 million. Operating income fell 2.5% to $125.2 million, and diluted earnings per share were $3.46 versus $3.67 a year earlier, so profit measures declined while sales grew. Shareholders also face higher spending, with net capital expenditures of $873.2 million in the first nine months and about $1 billion expected for 2024.
Revenue was $842.1 million, up 8.6% from the third quarter of 2023
Operating income was $125.2 million, down 2.5%; operating ratio was 85.1% versus 83.4%
Diluted EPS was $3.46 versus $3.67; net income was $92.7 million versus $98.2 million
Net capital expenditures are expected to be about $1 billion in 2024; cash on hand was $14.4 million at September 30, 2024
Balchem reported third quarter 2024 results for the period ended September 30, 2024, with net sales up 4.3% to $239.9 million and GAAP net earnings up 16.4% to $33.8 million. Adjusted EBITDA rose 7.6% to $64.4 million, and the company reported $1.2 million...
Net sales were $239.9 million, up 4.3% from $229.9 million in the prior year quarter.
GAAP diluted earnings per share were $1.03, compared with $0.90 a year earlier; adjusted earnings per share were $1.13, compared with $1.04.
Adjusted EBITDA was $64.4 million, up 7.6%, and free cash flow was $42.2 million.
Net debt was $153.3 million after $39.6 million of revolving debt repayments, a net leverage ratio of 0.6 times.
CDW Corporation said its Chief Commercial and Operating Officer, Christina M. Corley, will become President, International and Vice Chair effective October 25, 2024, with responsibility for international strategy and businesses. Liz Connelly takes on additional responsibilities as Chief Commercial Officer, and Corley is expected to retire at the end of a 2026 advisory term, so the filing signals a planned leadership succession rather than a financial change.
Corley's new role runs from October 25, 2024 through December 31, 2025, followed by an Executive Advisor term from January 1, 2026 through December 31, 2026.
Corley's compensation levels remain unchanged while she serves as President, International and Vice Chair.
As Executive Advisor, she will receive a $60,000 annual base salary, a $500,000 cash bonus payable in June and December 2026, and restricted stock units with a $1,000,000 grant date fair value.
Sensient reported third-quarter 2024 revenue of $392.6 million, up 7.9%, and operating income of $50.5 million, up 13.4%. The company raised its 2024 local currency revenue and adjusted EBITDA growth outlook to high single-digit from mid-to-high single-digit, while its GAAP diluted EPS guidance of $2.77 to $2.87 was unchanged.
Q3 diluted EPS was 77 cents, up from 75 cents a year earlier; net earnings were $32.7 million, up 3.6%
Q3 operating income included $1.2 million of Portfolio Optimization Plan costs
Updated 2024 guidance: local currency revenue and adjusted EBITDA growth of high single digits, up from mid-to-high single digits; GAAP diluted EPS unchanged at $2.77 to $2.87
Nine-month net earnings fell 4.7% to $94.6 million
Virtus Investment Partners reported third-quarter 2024 results for the quarter ended September 30, 2024, with GAAP diluted earnings per share of $5.71, up from $4.19 a year earlier, and revenue of $227.0 million, up 4% from a year earlier. Assets under management reached $183.7 billion, up 13% from a year earlier, while net outflows were $1.7 billion, and the company raised its quarterly dividend 18% to $2.25 per share.
GAAP diluted EPS was $5.71 versus $4.19 a year earlier and $2.43 in the prior quarter; diluted EPS as adjusted was $6.92, up 11% year over year.
Revenue was $227.0 million, up 4% year over year and 1% sequentially; GAAP operating income was $55.3 million, up 23% year over year.
Ending assets under management were $183.7 billion at September 30, 2024, and net flows were ($1.7) billion, improved from ($2.6) billion in the second quarter.
The quarterly dividend was increased 18% to $2.25 per share, and the company repurchased 72,850 shares for $14.9 million during the quarter.
AutoNation reported third-quarter 2024 results for the quarter ended September 30, 2024, with revenue of $6.6 billion, down 4% from a year earlier, and diluted EPS of $4.61 versus $5.54. The company said residual effects of the July CDK outage reduced EPS by an estimated $0.21, and adjusted EPS of $4.02 excluded $0.59 of net favorable items, mainly gains on dispositions.
Diluted EPS $4.61 vs. $5.54 a year earlier; adjusted EPS $4.02 vs. $5.54
Revenue $6.6 billion, down $307 million; net income $185.8 million, down 24%
Company estimated the July CDK outage's residual effects reduced EPS by $0.21
$156 million net divestiture proceeds and $53.9 million pre-tax gain; $965 million left on buyback program
Lakeland Financial reported third-quarter 2024 net income of $23.3 million, down 8% from $25.3 million a year earlier, with diluted earnings per share of $0.91 versus $0.98. Revenue rose 3% to $61.2 million, and net income for the first nine months of 2024 rose 8% to $69.3 million, so shareholders see a mixed quarter against a stronger year-to-date picture.
Q3 2024 net income $23.3 million, down $1.9 million (8%) from $25.3 million in Q3 2023
Q3 2024 diluted EPS $0.91, down 7% from $0.98; up 5% from $0.87 in Q2 2024
Nine-month 2024 net income $69.3 million, up 8%; diluted EPS $2.69, up 8%
Board approved a Q3 cash dividend of $0.48 per share, up 4% from $0.46, payable November 5, 2024
On October 21, 2024, Proto Labs' board approved a plan to close its prototype injection molding facility in Eschenlohe, Germany, and discontinue Direct Metal Laser Sintering 3D printing services at its Putzbrunn, Germany facility. The company expects total restructuring charges of $4.5 million to $6.0 million and cash expenditures of $3.0 million to $4.0 million, mostly for severance, and says it will keep offering manufacturing services across Europe through internal facilities and partners.
Board approved the plan on October 21, 2024, closing the Eschenlohe injection molding facility and discontinuing 3D printing services at Putzbrunn, Germany.
Total restructuring charges expected at $4.5 million to $6.0 million, including $2.5 million to $3.5 million in severance and $2.0 million to $2.5 million in facility write-downs.
About $4.0 million of the charge expected in the fourth quarter of 2024; total cash expenditures expected at $3.0 million to $4.0 million.
Plan expected to be substantially complete within the next year.
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.