513 material Form 8-K filings that 427 companies we cover made with the SEC in November 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).
For the quarter ended September 30, 2024, Franklin BSP Realty Trust reported GAAP net income of $30.2 million, or $0.30 per diluted share, compared with a $3.8 million loss in the prior quarter. Distributable Earnings, a non-GAAP measure the company says supports its dividend, was a loss of $4.0 million, or $(0.10) per share, down from $32.4 million in the second quarter. The GAAP improvement was offset by that drop, and the company declared a third-quarter common dividend of $0.355 per share.
GAAP net income of $30.2 million ($0.30 diluted EPS) for Q3 2024, versus a $3.8 million loss in Q2 2024
Distributable Earnings of $(4.0) million, or $(0.10) per share fully converted, versus $32.4 million, or $0.31, in Q2 2024
Declared third-quarter common dividend of $0.355 per share; GAAP dividend coverage 85%, Distributable Earnings coverage (28)%
Book value $15.24 per diluted share fully converted; $31.1 million remained under the $65 million buyback as of October 30, 2024
BWX Technologies reported third-quarter 2024 revenue of $672.0 million, up 14%, and GAAP net income of $69.6 million, up 15%, with diluted GAAP EPS of $0.76 versus $0.66. The company raised its 2024 revenue and non-GAAP EPS guidance and announced the acquisition of A.O.T., targeted to close by year-end. Operating cash flow fell to $32.6 million from $74.3 million, which the company attributed to contract timing, and free cash flow was negative $7.7 million.
Q3 2024 revenue $672.0 million vs. $590.0 million a year earlier; diluted GAAP EPS $0.76 vs. $0.66; non-GAAP EPS $0.83 vs. $0.67
2024 non-GAAP EPS guidance raised to about $3.20 from $3.10-$3.20 range; revenue guidance raised to about $2.7 billion from more than $2.6 billion
Announced acquisition of A.O.T., a sole source provider of depleted uranium and finished specialty metals; targeted to close by year-end, with terms not stated in the filing
Operating cash flow was $32.6 million vs. $74.3 million; free cash flow was negative $7.7 million
Primoris reported third-quarter 2024 revenue of $1,649.1 million, up 7.8% from a year earlier, with net income of $58.4 million, or $1.07 per diluted share, compared with $0.89 a year earlier. The company raised its 2024 EPS guidance and increased its quarterly cash dividend to $0.08 per share from $0.06, which matters to shareholders because it reflects higher expected earnings and greater cash returned to holders.
Third-quarter revenue of $1,649.1 million, up $119.6 million, or 7.8%, with Energy and Utilities segments both growing
Diluted EPS of $1.07 versus $0.89 a year earlier; adjusted diluted EPS of $1.22 versus $1.02
2024 EPS guidance raised to $2.85 to $3.00, and adjusted EPS guidance raised to $3.40 to $3.55 per diluted share
Quarterly dividend raised to $0.08 per share from $0.06, declared October 30, 2024, payable on or about January 15, 2025 to holders of record as of December 31, 2024
Eversource Energy reported a third-quarter 2024 GAAP net loss of $118.1 million, or $0.33 per share, compared with earnings of $339.7 million, or $0.97 per share, a year earlier, due to losses on its offshore wind investments. Excluding those items, non-GAAP recurring earnings rose to $405.9 million, or $1.13 per share, and the company updated its 2024 non-GAAP EPS projection to $4.52 to $4.60 from $4.50 to $4.67. The results matter to shareholders because the GAAP loss reflects the completed exit from offshore wind, while the company reaffirmed 5% to 7% long-term EPS growth.
Q3 2024 GAAP loss of $118.1 million ($0.33 per share) vs. earnings of $339.7 million ($0.97) in Q3 2023; offshore wind losses totaled $524.0 million after tax year to date
Q3 2024 non-GAAP recurring EPS of $1.13 vs. $0.97 a year earlier; nine-month non-GAAP EPS of $3.56 vs. $3.38
2024 non-GAAP EPS projection updated to $4.52 to $4.60 from $4.50 to $4.67, citing higher interest expense; long-term EPS growth of 5% to 7% reaffirmed
Five-year capital plan through 2028 increased to $23.7 billion from $23.1 billion, reflecting Massachusetts Electric Sector Modernization Plan approval; conference call on November 5, 2024 at 9 a.m. Eastern
Voya Financial reported third-quarter 2024 results on Nov. 4, 2024. Net income available to common shareholders fell to $98 million, or $0.98 per diluted share, from $248 million, or $2.29, a year earlier, while adjusted operating earnings rose to $190 million, or $1.90 per diluted share, from $1.74. The board also authorized an additional $500 million of share repurchases, and the company said higher loss ratios in Stop Loss weighed on Health Solutions.
Net income available to common shareholders was $98 million, or $0.98 per diluted share, versus $248 million, or $2.29, in third-quarter 2023; the prior year included tax benefits and a Voya India revaluation gain.
Adjusted operating earnings were $190 million, or $1.90 per diluted share, versus $189 million, or $1.74, a year earlier.
Total revenues were $1,956 million versus $1,823 million in the prior-year quarter.
The board authorized an additional $500 million of share repurchases, and the company expects to return $0.8 billion of capital for full-year 2024.
Apple Hospitality REIT reported third-quarter 2024 results on November 4, 2024, with net income down 3.8% from a year earlier while Adjusted EBITDAre rose 5.7%. The company also lowered its full-year 2024 net income and Adjusted EBITDAre guidance midpoints slightly, so shareholders see mixed headline results and a modest guidance reduction.
Q3 2024 net income was $56.3 million, down 3.8% from $58.5 million; net income per share was $0.23, down from $0.26
Q3 2024 Adjusted EBITDAre rose 5.7% to $128.9 million, and MFFO rose 3.2% to $107.4 million
Nine-month net income was $184.2 million, up 17.6%, and Comparable Hotels RevPAR rose 0.8% in Q3 to $125.30
Versus the midpoint of prior guidance, 2024 net income is down $1 million and Adjusted EBITDAre is down $1.5 million; updated net income range is $204 million to $221 million
QuinStreet reported fiscal first-quarter revenue of $279.2 million, up 125% from a year earlier, and a GAAP net loss of $1.4 million, or $(0.02) per diluted share, compared with a $10.6 million loss a year earlier. The company raised its full fiscal 2025 revenue and adjusted EBITDA outlook, though it said it is still early in the year.
Revenue of $279.2 million, up 125% year over year; Financial Services revenue was $210.9 million and Home Services revenue was $65.1 million
GAAP net loss of $1.4 million, or $(0.02) per diluted share, versus a net loss of $10.6 million a year earlier; adjusted EBITDA was $20.3 million versus $984 thousand
Fiscal second-quarter outlook: revenue of $235 million to $245 million and adjusted EBITDA of $17.5 million to $18.5 million
Full fiscal 2025 outlook raised: revenue of $975 million to $1.025 billion and adjusted EBITDA of $75 million to $80 million
Construction Partners completed its acquisition of Asphalt Inc., LLC d/b/a Lone Star Paving and entered into an $850.0 million senior secured term loan to help fund it. The company also raised its fiscal 2025 guidance for revenue, net income, Adjusted EBITDA and Adjusted EBITDA Margin, citing a expected contribution from Lone Star. The filing does not give the prior guidance figures, so the size of the increase cannot be measured from this document.
Acquisition of Lone Star Paving closed; the press release is dated November 4, 2024, and the term loan is effective November 1, 2024.
$850.0 million senior secured first lien term loan, fully drawn, matures November 1, 2031, bears interest at Term SOFR plus 2.50%.
Raised fiscal 2025 outlook: revenue $2.48 billion to $2.58 billion; net income $97 million to $113 million; Adjusted EBITDA $347 million to $377 million.
On October 30, 2024, the existing credit agreement was amended, setting a maximum consolidated net leverage ratio of 4.50 to 1.00 for quarters through September 30, 2025.
Glaukos reported third-quarter 2024 net sales of $96.7 million, up 24% from a year earlier, and narrowed its net loss to $21.4 million from $30.4 million. The company raised its full-year 2024 net sales guidance to $377 million to $379 million from $370 million to $376 million, which is a positive signal for shareholders on revenue trend, though the company still reported a GAAP net loss.
Q3 2024 net sales of $96.7 million, up 24% year over year; glaucoma sales $76.0 million, up 30%
Q3 2024 net loss of $21.4 million, or $0.39 per diluted share, versus $30.4 million, or $0.63, in Q3 2023
2024 net sales guidance raised to $377 million to $379 million from $370 million to $376 million
Cash, short-term investments and restricted cash of $267.2 million as of September 30, 2024
Douglas Emmett reported third-quarter 2024 revenue of $250.8 million, down 1.8% from a year earlier, mainly due to lower office occupancy. Net income attributable to common stockholders rose to $4.6 million, or $0.03 per diluted share, after a loss a year earlier, but FFO fell 3.8% to $86.0 million. The company increased its 2024 guidance, citing its third-quarter results and higher expectations for the fourth quarter.
Q3 2024 revenues: $250.8 million, down 1.8% year over year
Net income attributable to common stockholders: $4.6 million, or $0.03 per diluted share, versus a $13.4 million loss in Q3 2023
FFO: $86.0 million, or $0.43 per fully diluted share, down 3.8%
Raised 2024 guidance: diluted net income per share of $0.10 to $0.14; FFO per fully diluted share of $1.69 to $1.73
Lattice Semiconductor reported third-quarter 2024 revenue of $127.1 million, up 2.4% from the prior quarter but down 33.9% from a year earlier, with GAAP net income of $0.05 per diluted share. The company guided fourth-quarter 2024 revenue to $112 million to $122 million, and it took a one-time GAAP-only charge of $6.5 million tied to a 14% workforce reduction and a 14% cut in non-headcount operating expenses.
Q3 2024 revenue was $127.1 million, up 2.4% from Q2 2024 and down 33.9% from Q3 2023's $192.2 million.
GAAP net income was $0.05 per diluted share, versus $0.16 in Q2 2024 and $0.38 in Q3 2023; non-GAAP net income was $0.24 per diluted share.
Fourth-quarter 2024 guidance: revenue of $112 million to $122 million and non-GAAP net income of $0.15 to $0.23 per share.
Ford Tamer was appointed Chief Executive Officer and joined the Board; the company is also recording a $6.5 million one-time GAAP-only charge tied to a 14% workforce reduction.
Sensata reported third-quarter 2024 revenue of $982.8 million, down 1.8% from a year earlier, and a GAAP operating loss of $199.2 million that includes a $150.1 million goodwill impairment tied to Dynapower and about $141 million in restructuring and other charges. Adjusted EPS fell 5.5% to $0.86, and the company guided fourth-quarter revenue to $870 million to $900 million and adjusted EPS to $0.71 to $0.76, both below third-quarter levels.
Revenue was $982.8 million, down $18.5 million or 1.8% from $1,001.3 million in Q3 2023.
GAAP loss per share was $0.17, compared with EPS of $0.41 in Q3 2023; the result includes a $258 million tax benefit from a valuation allowance release.
Adjusted EPS was $0.86, down $0.05 or 5.5% from $0.91.
Q4 2024 guidance: revenue of $870 million to $900 million and adjusted EPS of $0.71 to $0.76, versus Q3 revenue of $982.8 million and adjusted EPS of $0.86.
Wynn Resorts reported third-quarter 2024 operating revenues of $1.69 billion, up $21.4 million from a year earlier, and a net loss attributable to the company of $32.1 million, versus $116.7 million a year earlier. Adjusted Property EBITDAR was $527.7 million, down $2.7 million, and the Board raised the share repurchase authorization to $1.00 billion while declaring a $0.25 quarterly dividend.
Operating revenues were $1.69 billion, up $21.4 million from $1.67 billion in Q3 2023; Wynn Macau rose $56.9 million.
Diluted net loss per share was $0.29, compared with $1.03 in Q3 2023. Adjusted net income per diluted share was $0.90, versus $0.99.
Adjusted Property EBITDAR was $527.7 million, compared with $530.4 million a year earlier, with Las Vegas Operations down $17.0 million.
On November 1, 2024, the Board authorized repurchases of up to $1.00 billion, an increase of approximately $766 million; the $0.25 dividend is payable November 27, 2024 to holders of record on November 15, 2024.
Inspire Medical Systems reported third-quarter 2024 revenue of $203.2 million, up 33% from $153.3 million a year earlier, and diluted earnings per share of $0.60 compared with a loss of $0.29 per share in the prior-year quarter. The company raised its full-year 2024 revenue guidance to $793 million to $798 million from $788 million to $798 million, and raised its full-year diluted EPS guidance to $1.20 to $1.40 from $0.60 to $0.80.
Q3 2024 revenue $203.2 million, up 33% year over year; U.S. revenue $195.8 million
Q3 2024 net income $18.5 million; diluted EPS $0.60 versus a diluted net loss of $0.29 per share in Q3 2023
Full-year 2024 revenue guidance raised to $793 million to $798 million; EPS guidance raised to $1.20 to $1.40
Full-year 2024 gross margin guidance maintained at 83% to 85%
Franklin Resources reported preliminary fourth-quarter fiscal 2024 results, showing a net loss of $84.7 million, or $0.19 per diluted share, compared with net income of $295.5 million, or $0.58 per share, a year earlier. The loss reflects a $389.2 million impairment of an indefinite-lived intangible asset tied to certain mutual fund contracts managed by Western Asset Management, even as operating revenues rose 11% to $2.21 billion.
Q4 net loss of $84.7 million, or $0.19 per diluted share, versus net income of $295.5 million, or $0.58 per share, a year earlier
Impairment of $389.2 million on an intangible asset related to mutual fund contracts managed by Western Asset Management
Operating revenues of $2.21 billion, up 11% from the prior-year quarter
Adjusted diluted EPS of $0.59 for the quarter, versus $0.84 a year earlier (non-GAAP)
TG Therapeutics reported third quarter 2024 results and raised its full-year 2024 U.S. BRIUMVI net product revenue target to $300 million to $305 million, up from $290 million to $300 million. Product sales are growing quickly, but total revenue and net income fell sharply from the prior-year period, which included a large license payment.
Q3 2024 U.S. BRIUMVI net product revenue was $83.3 million, about 15% above the prior quarter and over 230% above Q3 2023.
Full-year 2024 U.S. BRIUMVI net revenue target raised to $300 million to $305 million from $290 million to $300 million.
Q3 2024 net income was $3.9 million, compared with $113.9 million in Q3 2023, which included license revenue of $140.7 million.
Cash, cash equivalents and investment securities were $341.0 million as of September 30, 2024.
DigitalOcean reported third quarter 2024 revenue of $198 million, up 12% year-over-year, and net income of $33 million, up 72%, and raised its full-year 2024 revenue guidance to $775 million to $777 million. Adjusted free cash flow fell to $26 million from $56 million a year earlier, and the filing also disclosed the October 30, 2024 resignation of Chief Revenue Officer Muhammad Aaqib Gadit, with a deferred payment of about $7.3 million to him.
Q3 2024 revenue was $198 million, up 12% year-over-year; diluted net income per share was $0.33
Full-year 2024 total revenue guidance raised to $775 million to $777 million
Q4 2024 revenue guidance set at $199 million to $201 million
Adjusted free cash flow was $26 million in Q3 2024, versus $56 million in Q3 2023; Chief Revenue Officer Muhammad Aaqib Gadit resigned October 30, 2024
Freshpet reported third-quarter 2024 net sales of $253.4 million, up 26.3% from a year earlier, and net income of $11.9 million, compared with a net loss of $7.2 million in the prior-year quarter. The company raised its 2024 net sales and Adjusted EBITDA guidance, which signals higher expected full-year results for shareholders.
Q3 net sales of $253.4 million, up 26.3%, driven by volume gains of 26.1%
Q3 net income of $11.9 million, compared with a net loss of $7.2 million a year earlier
Q3 Adjusted EBITDA of $43.5 million, compared with $23.2 million a year earlier
2024 guidance: net sales of about $975 million (previously at least $965 million); Adjusted EBITDA of at least $155 million (previously at least $140 million); capital expenditures of about $180 million (previously about $200 million)
Revvity reported third-quarter 2024 revenue of $684 million, up 2% from $671 million a year earlier, and adjusted EPS from continuing operations of $1.28, up from $1.18. The company raised its full-year 2024 adjusted EPS guidance to $4.83 to $4.87 and authorized a new two-year $1 billion share repurchase program.
Q3 2024 revenue of $684 million vs. $671 million a year earlier; GAAP EPS of $0.77 vs. $0.08
Q3 adjusted EPS from continuing operations of $1.28 vs. $1.18; adjusted operating profit margin of 28.3% vs. 27.5%
Full-year 2024 adjusted EPS guidance raised to $4.83 to $4.87; revenue guidance set at $2.75 to $2.77 billion, reflecting currency changes
New two-year $1 billion share repurchase program replaces the remainder of the program announced in May 2023; Investor Day on November 21, 2024
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.