1,080 material Form 8-K filings that 839 companies we cover made with the SEC in May 2025, 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).
Ares Management reported first-quarter 2025 results and declared a $1.12 per share quarterly dividend on Class A common stock. After-tax realized income rose 44% year over year to $381.4 million, and fee related earnings rose 22% to $367.3 million, but GAAP net income attributable to Ares fell to $47.2 million from $73.0 million, and GAAP earnings per share were $0.00 versus $0.33 a year earlier.
After-tax realized income was $381.4 million, or $1.09 per Class A share, compared with $265.1 million, or $0.80 per share, in Q1 2024.
GAAP net income attributable to Ares Management was $47.2 million, versus $73.0 million a year earlier; net income to Class A and non-voting common stockholders after $25.3 million of preferred dividends was $21.9 million.
Assets under management reached $545.9 billion as of March 31, 2025, up 27% from a year earlier, including the GCP International acquisition completed March 1, 2025.
Quarterly common dividend of $1.12 per share is payable June 30, 2025, to holders of record as of June 16, 2025.
Standex reported fiscal third-quarter 2025 results for the quarter ended March 31, 2025, with net sales up 17.2% to $207.8 million, helped by acquisitions, and GAAP diluted EPS of $1.81 versus $1.35 a year earlier. Adjusted diluted EPS rose 3.7% to $1.95, while free cash flow fell to $3.5 million from $19.3 million and net debt rose to $470.4 million from $10.0 million.
Net sales $207.8 million, up 17.2% year over year, with the Electronics segment up 38.4% to $111.3 million
GAAP operating income $26.3 million, up 20.2%; adjusted operating margin 19.4% versus 16.6%
Adjusted diluted EPS $1.95 versus $1.88; free cash flow $3.5 million versus $19.3 million
Net debt $470.4 million at March 31, 2025, versus $10.0 million a year earlier; fourth-quarter revenue expected slightly to moderately higher sequentially
Heartland Express reported unaudited first-quarter 2025 results, with operating revenue of $219.4 million, down from $270.3 million a year earlier, and a net loss of $13.9 million, or $0.18 per share, compared with a $15.1 million loss, or $0.19 per share, in the first quarter of 2024. The operating ratio worsened to 106.8% from 105.3%, and management said it does not expect material improvements until later in 2025 and is shrinking its fleet.
Operating revenue was $219.4 million, compared with $270.3 million in the first quarter of 2024.
Net loss was $13.9 million, or $0.18 per share, versus a net loss of $15.1 million, or $0.19 per share, a year earlier.
Operating ratio rose to 106.8% from 105.3%; non-GAAP adjusted operating ratio rose to 107.1% from 105.6%.
No shares were repurchased in the first three months of 2025, and management does not expect material improvements until later in 2025.
Franklin Resources reported fiscal second-quarter results for the period ended March 31, 2025, with net income attributable to the company of $151.4 million, or $0.26 per diluted share, up from $124.2 million a year earlier but down from $163.6 million in the prior quarter. Operating revenues were $2.11 billion, down 2% year over year and 6% from the prior quarter, while long-term net outflows of $26.2 billion, including $33.6 billion at Western Asset Management, reduced total assets under management to $1,540.6 billion.
Net income attributable to Franklin Resources was $151.4 million, or $0.26 per diluted share, versus $124.2 million, or $0.23, a year earlier and $163.6 million, or $0.29, in the prior quarter.
Operating revenues were $2,111.4 million, down 2% year over year and 6% from the prior quarter; operating income was $145.6 million, up 13% year over year.
Adjusted diluted earnings per share were $0.47, compared with $0.56 a year earlier and $0.59 in the prior quarter; the company cited a $41.4 million seed investment loss.
Long-term net outflows were $26.2 billion, and ending assets under management were $1,540.6 billion at March 31, 2025.
Arbor Realty Trust reported first-quarter 2025 results with lower earnings than a year earlier. Net income attributable to common stockholders was $30.4 million, or $0.16 per diluted share, versus $0.31 a year earlier, and distributable earnings fell to $0.28 per diluted share from $0.47. The board also declared a quarterly cash dividend of $0.30 per common share, which shareholders will receive if they are on the record date.
Net income attributable to common stockholders was $30.4 million, or $0.16 per diluted share, versus $57.9 million, or $0.31, for the first quarter of 2024.
Distributable earnings were $57.3 million, or $0.28 per diluted share, versus $96.7 million, or $0.47; the figure excludes $7.1 million of realized losses on the sale of two real estate owned properties.
The board declared a quarterly cash dividend of $0.30 per common share, payable May 30, 2025 to holders of record on May 16, 2025.
In March 2025 the company closed a $1.15 billion repurchase facility to unwind two CLO vehicles, which it said created about $80 million of additional liquidity.
For the fiscal third quarter ended March 31, 2025, MSG Sports reported revenues of $424.2 million, down 1%, and operating income of $32.3 million, down 59%. It posted a net loss of $14.2 million, or $0.59 per diluted share, compared with net income of $37.9 million, or $1.57 per diluted share, a year earlier, mainly because direct operating expenses rose $43.3 million. The company also disclosed proposed amendments to Knicks and Rangers local media rights agreements with MSG Networks that would cut annual rights fees, with definitive documentation expected by June 27, 2025.
Revenues were $424.2 million, down $5.8 million or 1% from $430.0 million a year earlier.
Operating income was $32.3 million versus $79.7 million; adjusted operating income was $36.9 million versus $88.7 million.
Net loss was $14.2 million, or $0.59 per share, versus net income of $37.9 million, or $1.57 per diluted share.
Proposed MSG Networks amendments would reduce annual rights fees by 28% for the Knicks and 18% for the Rangers, with definitive documents expected by June 27, 2025.
American Axle & Manufacturing Holdings (AAM, NYSE: AXL) reported first-quarter 2025 sales of $1.41 billion, down from $1.61 billion a year earlier, with net income of $7.1 million, or $0.06 per diluted share, versus $20.5 million, or $0.17, in the prior-year quarter. The company also lowered its full-year 2025 sales, Adjusted EBITDA and Adjusted free cash flow targets, while operating cash flow improved. The filing names American Axle & Manufacturing, not Dauch Corp (DCH), so this summary follows the filing's company name and ticker.
Q1 2025 sales of $1.41 billion vs. $1.61 billion in Q1 2024; Adjusted EBITDA of $177.3 million vs. $205.6 million
Diluted EPS of $0.06 vs. $0.17; Adjusted EPS of $0.09 vs. $0.18
Full-year 2025 sales target cut to $5.65-$5.95 billion from $5.8-$6.05 billion; Adjusted EBITDA target cut to $665-$745 million from $700-$760 million
Operating cash flow of $55.9 million vs. $17.8 million in Q1 2024; Adjusted free cash flow of $(3.9) million vs. $(21.4) million
WisdomTree reported first-quarter 2025 net income of $24.6 million, or $0.17 per diluted share, with operating revenues of $108.1 million, down 2.4% from the fourth quarter of 2024 but up 11.6% from the first quarter of 2024. The company also declared a $0.03 quarterly dividend payable May 28, 2025, and ended the quarter with $115.8 billion in assets under management after $3.0 billion of net inflows.
Q1 2025 net income $24.6 million ($0.17 diluted EPS), versus $27.3 million in Q4 2024 and $22.1 million in Q1 2024
Operating revenues $108.1 million, down 2.4% from Q4 2024 on two fewer trading days and a lower average advisory fee
Quarterly dividend of $0.03 per share payable May 28, 2025 to holders of record on May 14, 2025
IES Holdings reported fiscal 2025 second-quarter revenue of $834 million, up 18%, and diluted earnings per share of $3.50, up from $2.29 a year earlier. Growth was led by the Communications and Infrastructure Solutions segments, while Residential revenue and operating income declined.
Revenue of $834 million for the quarter ended March 31, 2025, up 18% from $706 million
Net income attributable to IES of $70.7 million, up 34% from $52.9 million; diluted EPS $3.50 vs. $2.29
Residential revenue fell 6% to $317.9 million, and segment operating income fell to $22.7 million from $34.7 million
Backlog of approximately $1.8 billion as of March 31, 2025, up from $1.363 billion a year earlier
Cboe Global Markets reported record first-quarter 2025 net revenue of $565.2 million, up 13% from a year earlier, and diluted EPS of $2.37, up 21%. The company raised its 2025 organic total net revenue growth target to mid to high single digits from mid single digits, which signals stronger expected top-line growth for shareholders.
Net revenue of $565.2 million, up 13% from $502.1 million in Q1 2024; the release describes this as a record
Diluted EPS of $2.37, up 21%; adjusted diluted EPS of $2.50, up 16%
2025 organic total net revenue growth target raised to mid to high single digits from mid single digits; adjusted operating expense guidance reaffirmed at $837 to $852 million
Paid $66.4 million in cash dividends ($0.63 per share) and repurchased $30.0 million of stock in Q1; about $649.8 million of repurchase authorization remained at March 31, 2025
Westlake reported a first-quarter 2025 net loss of $40 million, or $0.31 per diluted share, on net sales of $2.8 billion, compared with net income of $174 million, or $1.34 per share, a year earlier. EBITDA fell to $288 million from $546 million, driven by higher North American feedstock and energy costs and planned and unplanned plant outages. The company also said 2025 Housing and Infrastructure Products revenue and EBITDA margin are now expected toward the low ends of prior ranges, and it cut its 2025 capital spending target by 10% to $900 million.
Q1 2025 net loss of $40 million ($0.31 per diluted share) versus net income of $174 million ($1.34 per share) in Q1 2024
EBITDA of $288 million, down from $546 million a year earlier; PEM segment EBITDA was $73 million versus $253 million
2025 HIP revenue expected toward the low end of $4.4 billion to $4.6 billion, and EBITDA margin toward the low end of 20% to 22%
2025 capital spending target reduced 10% to $900 million; cash, equivalents and fixed income investments of $2.5 billion as of March 31, 2025
T. Rowe Price reported first-quarter 2025 results on May 2, 2025. Net revenues rose 0.8% from a year earlier to $1,763.9 million, but diluted earnings per share fell 13.7% to $2.15 and net income fell 14.5% to $490.5 million, as non-operating income dropped. Assets under management ended the quarter at $1.57 trillion after $8.6 billion in net outflows, which matters to shareholders because fee revenue depends on the size of managed assets.
Net revenues of $1,763.9 million, up 0.8% from Q1 2024 and down 3.3% from Q4 2024
Diluted EPS of $2.15 versus $2.49 a year earlier; adjusted diluted EPS of $2.23 versus $2.38
Ending AUM of $1.57 trillion and net client outflows of $8.6 billion in the quarter
Returned $506 million to stockholders through the quarterly dividend and stock repurchases; dividend per share $1.27 versus $1.24 a year earlier
Fluor reported first-quarter 2025 results on May 2, 2025. Revenue rose 7% to $4.0 billion and adjusted EPS rose 55% to $0.73, but the company posted a GAAP net loss attributable to Fluor of $241 million, which included $477 million in mark-to-market losses on its NuScale investment. Fluor maintained its 2025 adjusted EBITDA and adjusted EPS guidance.
Revenue of $4.0 billion, up 7% year over year; GAAP EPS of ($1.42) versus adjusted EPS of $0.73
Operating cash flow was ($286) million versus ($111) million a year earlier; Q1 share repurchases were $142 million, with a 2025 target of $600 million
2025 guidance maintained: adjusted EBITDA of $575 to $675 million and adjusted EPS of $2.25 to $2.75
At the April 30, 2025 annual meeting, all 11 director nominees were elected and Ernst & Young LLP was ratified; Energy Solutions profit fell to $47 million from $68 million
Piper Sandler reported first quarter 2025 results on May 2, 2025. Net revenues were $357.3 million, up 4% from a year earlier but down 26% from the fourth quarter of 2024, and diluted EPS was $3.65 on a U.S. GAAP basis, up 50% year over year. Results were held back by a $29.6 million investment loss, and the company also declared a $0.65 quarterly dividend.
Net revenues of $357.3 million rose 4% year over year and fell 26% from the fourth quarter of 2024.
Advisory services revenues of $216.8 million rose 38% year over year.
Diluted EPS was $3.65 (U.S. GAAP) and $4.09 (adjusted), versus $2.43 and $2.79 in the first quarter of 2024.
Board declared a $0.65 per share quarterly dividend, payable June 13, 2025 to holders of record on May 30, 2025.
Atmus Filtration Technologies reported first-quarter 2025 net sales of $417 million, down 2.4% from $427 million a year earlier, mainly due to currency and lower volumes. GAAP diluted EPS was flat at $0.54, while adjusted EPS rose to $0.63 from $0.60, and the company reaffirmed its full-year 2025 outlook.
Net sales of $417 million versus $427 million in Q1 2024, a decrease of 2.4%
GAAP net income of $45 million and diluted EPS of $0.54, unchanged from the prior-year quarter
Adjusted EPS of $0.63 versus $0.60, and adjusted EBITDA of $82 million versus $80 million
2025 guidance reaffirmed: revenue of $1,670 million to $1,735 million and adjusted EPS of $2.35 to $2.60
nVent reported first-quarter 2025 net sales of $809 million, up 11%, with reported EPS from continuing operations of $0.52, up 2%, and adjusted EPS of $0.67, up 10%. The company raised full-year 2025 reported sales growth guidance to 19% to 21% from 8% to 10%, and adjusted EPS guidance to $3.03 to $3.13 from $2.98 to $3.08, with the raised sales range including the Avail Electrical Products Group acquisition. Organic sales grew 2% and operating income fell 1%, so the higher guidance rests partly on acquisitions and currency-neutral growth was modest.
Q1 net sales of $809 million, up 11%; organic sales up 2%
Reported EPS from continuing operations of $0.52, up 2%; adjusted EPS of $0.67, up 10%
Full-year 2025 adjusted EPS guidance raised to $3.03 to $3.13 from $2.98 to $3.08
Q1 operating income of $130 million, down 1%; free cash flow of $44 million, up 32%
Interface reported first-quarter 2025 net sales of $297.4 million, up 2.6% year over year, while GAAP diluted EPS fell 8.3% to $0.22 and adjusted EPS rose 4.2% to $0.25. The company raised the low end of its full-year 2025 net sales outlook to $1.340 billion to $1.365 billion from $1.315 billion to $1.365 billion, and forecast second-quarter net sales of $355 million to $365 million.
Q1 2025 net sales were $297.4 million, up 2.6%; currency-neutral net sales rose 4.1%.
GAAP net income was $13.0 million versus $14.2 million a year earlier; GAAP diluted EPS was $0.22 versus $0.24.
Adjusted gross profit margin fell 82 basis points to 37.7% of net sales, which the company said was expected due to higher manufacturing and freight costs.
Full-year 2025 net sales outlook is $1.340 billion to $1.365 billion, up from $1.315 billion to $1.365 billion; Q2 net sales outlook is $355 million to $365 million.
Cinemark reported first-quarter 2025 total revenue of $540.7 million, down 6.6% from $579.2 million a year earlier, and a net loss attributable to the company of $38.9 million, or $0.32 per diluted share, versus net income of $24.8 million in the prior-year quarter. Adjusted EBITDA fell to $36.4 million from $70.7 million, and cash fell to $699.4 million, while the company paid its first dividend since the pandemic and bought back $200 million of shares.
Total revenue $540.7 million, down 6.6%; attendance fell 7.8% to 36.6 million patrons
Net loss attributable to Cinemark of $38.9 million, or $(0.32) per diluted share, compared with net income of $24.8 million, or $0.19 per diluted share, a year earlier
Adjusted EBITDA of $36.4 million, with a 6.7% margin, compared with $70.7 million a year earlier
Cash and equivalents of $699.4 million at March 31, 2025, versus $1,057.3 million at December 31, 2024; the company repurchased $200 million of shares in the quarter
Xenia Hotels & Resorts reported first-quarter 2025 net income attributable to common stockholders of $15.6 million, or $0.15 per share, up from $8.5 million, or $0.08 per share, a year earlier. The company also lowered several full-year 2025 guidance ranges, citing macroeconomic uncertainty, even though first-quarter results beat its expectations.
Q1 2025 Adjusted EBITDAre was $72.9 million, up 11.8%, and Adjusted FFO per diluted share was $0.51, up 15.9%.
Total revenues were $288.9 million, compared with $267.5 million in the first quarter of 2024.
Full-year 2025 Adjusted FFO per diluted share guidance is $1.50 to $1.75, a reduction of $0.05 at the low end and an increase of $0.01 at the high end versus prior guidance.
Adjusted EBITDAre guidance is $235 million to $261 million, down $9 million at the low end and $3 million at the high end.
Amneal Pharmaceuticals reported first-quarter 2025 net revenue of $695 million, up 5% from $659 million a year earlier, and net income attributable to the company of $12 million, compared with a net loss of $92 million in the first quarter of 2024. The company reaffirmed its full-year 2025 guidance, including net revenue of $3.0 billion to $3.1 billion and adjusted diluted EPS of $0.65 to $0.70, so shareholders see improved results with no change to the outlook.
Net revenue $695 million, up 5% from $659 million; Affordable Medicines up 6%, Specialty up 3%, AvKARE up 6%
GAAP diluted EPS $0.04 versus a loss of $0.30; adjusted diluted EPS $0.21, up 50% from $0.14
Adjusted EBITDA $170 million, up 12% from the prior-year quarter
Full-year 2025 guidance affirmed: adjusted EBITDA $650 million to $675 million; conference call at 8:30 am Eastern on May 2, 2025
Proto Labs reported first quarter 2025 revenue of $126.2 million, down 1.3% from $127.9 million a year earlier, and GAAP diluted earnings of $0.15 per share versus $0.20. Both revenue and per-share profit declined year over year. The company also gave a second quarter 2025 outlook of $124.0 million to $132.0 million in revenue and GAAP diluted EPS of $0.11 to $0.19.
Revenue was $126.2 million, down 1.3% from $127.9 million; Protolabs Network revenue rose 10.0% to $26.3 million
Net income was $3.6 million, or $0.15 per diluted share, versus $5.3 million, or $0.20, a year earlier; non-GAAP diluted EPS was $0.33 versus $0.40
Repurchased $20.9 million of common stock in the quarter; cash and investments were $116.3 million at March 31, 2025
Q2 2025 outlook: revenue of $124.0 million to $132.0 million; GAAP diluted EPS of $0.11 to $0.19
DuPont reported first quarter 2025 net sales of $3.1 billion, up 5%, and adjusted EPS of $1.03, up 30% from a year earlier. A $768 million non-cash goodwill impairment tied to its Aramids business drove a GAAP loss from continuing operations of $548 million, or $(1.33) per share. The company kept its full year 2025 guidance unchanged and estimates tariffs at about $60 million, which that guidance does not include.
Net sales rose 5% to $3.1 billion, with organic sales up 6%.
GAAP loss from continuing operations was $548 million, or $(1.33) per share, including a $768 million non-cash goodwill impairment charge.
Adjusted EPS rose 30% to $1.03 from $0.79; operating EBITDA rose 16% to $788 million.
Full year 2025 guidance was maintained; tariffs are estimated at about $60 million, or about $0.10 per share, and are excluded from guidance.
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.