secwatch / observer

Earnings Releases

Quarterly and annual results disclosed under 8-K Item 2.02.

8-K items 2.02 JSON
BDC BELDEN INC.

BELDEN INC. updated its second quarter of 2024 guidance (reaffirmed).

“Assuming no significant changes to the current market environment, the table below provides guidance for the second quarter of 2024.”
BDC BELDEN INC.

BELDEN INC. reported first quarter ended March 31, 2024 results: revenue $536 million, EPS $0.90.

“network infrastructure and digitization solutions, today reported fiscal first quarter results for the period ended March 31, 2024. First Quarter 2024 Highlights • Revenues of $536 million, down 17% y/y and down 17% y/y organically • GAAP EPS of $0.90, down 38% y/y • Adjusted EPS of $1.24, down 26% y/y • Entered into a definitive agreement to purchase Precision”
LAUR LAUREATE EDUCATION, INC.

LAUREATE EDUCATION, INC. reported first quarter of 2024 results: revenue $275.4 million, net income $(10.8) million, EPS $(0.07). Guidance raised.

“First Quarter 2024 Highlights (compared to first quarter 2023): • New enrollments increased 1%. • Total enrollments increased 5%. • On a reported basis, revenue increased 10% to $275.4 million. On an organic constant currency basis 1 , revenue increased 1% and was unfavorably affected by intra-year timing of semester start dates for certain programs as compared to the”
AGCO AGCO CORP /DE

AGCO CORP /DE reported the first quarter ended March 31, 2024 results: revenue $2.9 billion, net income $2.25 per share, EPS $2.25.

“AGCO REPORTS FIRST-QUARTER RESULTS • Net sales of $2.9 billion, down 12.1% • Reported earnings per share of $2.25 and adjusted earnings per share (1) of $2.32”
ONIT ONITY GROUP INC.

ONITY GROUP INC. reported first quarter ended March 31, 2024 results: net income $30 million, EPS $3.74.

“On May 2, 2024, Ocwen Financial Corporation issued a press release announcing results for the first quarter ended March 31, 2024 and providing a business update.”
REGN REGENERON PHARMACEUTICALS, INC.

REGENERON PHARMACEUTICALS, INC. reported financial results for first quarter of 2024.

“On May 2, 2024, Regeneron Pharmaceuticals, Inc. issued a press release announcing its financial and operating results for the quarter ended March 31, 2024.”
MNST Monster Beverage Corp

Monster Beverage Corp reported the three-months ended March 31, 2024 results: revenue $1.90 billion, net income $442.0 million.

“MONSTER BEVERAGE REPORTS 2024 FIRST QUARTER RESULTS -- Record First Quarter Net Sales Rise 11.8 Percent to $1.90 Billion -- -- Net Sales, Adjusted for Adverse Changes in Foreign Currency of $64.4 Million, Rise 15.6 Percent (12.6 Percent Exclusive of Argentina’s Impact) -- -- First Quarter Gross Profit as a Percentage of Net Sales Improves to 54.1 Percent -- -- First Quarter Net Income Increases 11.2 Percent to $442.0 Million -- -- Company Currently Intends to Commence Tender Offer to Repurchase up to $3.0 Billion of Common Stock -- Corona, CA – May 2, 2024 – Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three-months ended March 31, 2024.”
GVA GRANITE CONSTRUCTION INC

GRANITE CONSTRUCTION INC reported the quarter ended March 31, 2024 results: revenue $672 million, net income Net loss attributable to Granite Construction Incorporated totaled $31 million, EPS $(0.70) per diluted share. Guidance reaffirmed.

“be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Granite Reports First Quarter 2024 Results • Q1 revenue increased 20% year-over-year to $672 million • Q1 diluted EPS of $(0.70) and adjusted diluted EPS (1) of $(0.21) • Q1 operating cash flow increased $101 million year-over-year to $24 million • Reorganized operations to”
CGNX COGNEX CORP

COGNEX CORP reported Q2 2024 results: revenue $230 million to $245 million. Guidance initiated.

“Cognex expects revenue to be between $230 million and $245 million.”
HOLOGIC INC

HOLOGIC INC reported fiscal second quarter ended March 30, 2024 results: revenue $1,017.8 million, EPS GAAP Diluted EPS of $0.72, and Non-GAAP Diluted EPS of $1.03. Guidance raised.

“Hologic Announces Financial Results for Second Quarter of Fiscal 2024 – Revenue of $1,017.8 Million, GAAP Diluted EPS of $0.72, and Non-GAAP Diluted EPS of $1.03”
CTRA Coterra Energy Inc.

Coterra Energy Inc. reported first-quarter 2024 results: net income $352 million, or $0.47 per share. Guidance raised.

“Net Income (GAAP) totaled $352 million, or $0.47 per share. Adjusted Net Income (non-GAAP) was $383 million, or $0.51 per share.”
SLGN SILGAN HOLDINGS INC

SILGAN HOLDINGS INC reported three month period ended March 31, 2024 results: revenue $1.32 billion, net income $55.2 million, EPS $0.52 per diluted share. Guidance reaffirmed.

“Silgan Holdings Inc. (NYSE: SLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, today reported first quarter 2024 net sales of $1.32 billion and net income of $55.2 million, or $0.52 per diluted share”
LFVN Lifevantage Corp

Lifevantage Corp reported three and nine months ended March 31, 2024 results: revenue $48.2 million, net income $1.7 million, EPS $0.13 per diluted share. Guidance lowered.

“health processes at the cellular level, today reported financial results for its third fiscal quarter ended March 31, 2024. Third Quarter Fiscal 2024 Summary*: • Revenue of $48.2 million, a decrease of 10.2% from the prior year period. Excluding the negative impact of foreign currency fluctuations, third quarter revenue was down approximately 8.7%; • Revenue in”
MGPI MGP INGREDIENTS INC

MGP INGREDIENTS INC reported first quarter ended March 31, 2024 results: revenue $170.6 million, net income $20.6 million, EPS $0.92 per share. Guidance reaffirmed.

“the first quarter ended March 31, 2024. 2024 first quarter consolidated results compared to 2023 first quarter: • Due to the Atchison distillery closure, sales decreased 15% to $170.6 million. Excluding the impact of the Atchison distillery in both periods, consolidated sales were in line with the prior year period. • As expected, gross profit decreased 10% to $62.8”
GTIM Good Times Restaurants Inc.

Good Times Restaurants Inc. reported 2024 second fiscal quarter ended March 26, 2024 results: revenue $35.4 million, net income $0.6 million.

“Total Revenues for the quarter increased 1.9% to $35.4 million compared to the second quarter of fiscal 2023”
AAON AAON, INC.

AAON, INC. reported the first quarter of 2024 results: revenue $262.1 million, net income $39,016, EPS $0.46.

“Net sales for the first quarter of 2024 decreased 1.4% to $262.1 million from $266.0 million in the first quarter of 2023.”
EOG EOG RESOURCES INC

EOG RESOURCES INC reported financial results for first quarter 2024.

“On May 2, 2024, EOG Resources, Inc. issued a press release announcing first quarter 2024 financial and operational results and second quarter and full year 2024 forecast and benchmark commodity pricing information (see Item 7.01 below). A copy of this release is attached as Exhibit 99.1 to this filing and is incorporated herein by reference.”
XRAY DENTSPLY SIRONA Inc.

DENTSPLY SIRONA Inc. reported the first quarter of 2024 results: revenue $953 million, net income $18 million, EPS $0.09 per share. Guidance reaffirmed.

“except as shall be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Dentsply Sirona Reports First Quarter 2024 Results • Net sales of $953 million decreased (2.6%), organic sales decreased (1.9%) • GAAP gross margin of 53.1%, GAAP net income of $18 million or $0.09 per share • Adjusted EBITDA margin of 16.8%, adjusted EPS”
KWR QUAKER CHEMICAL CORP

QUAKER CHEMICAL CORP reported the first quarter ended March 31, 2024 results: revenue $469.8 million, net income $35.2 million, EPS $1.95.

“Vice President, Investor Relations investor@quakerhoughton.com T. 1.610.832.4087 For Release: Immediate QUAKER HOUGHTON ANNOUNCES FIRST QUARTER 2024 RESULTS • Q1’24 net sales of $469.8 million , net income of $35.2 million and earnings per diluted share of $1.95 • Q1’24 non-GAAP net income of $37.7 million and non-GAAP earnings per diluted share of $2.09 • Delivered”
AXGN Axogen, Inc.

Axogen, Inc. reported full year 2024 results: revenue 177 million to 181 million. Guidance reaffirmed.

“We are maintaining our annual revenue guidance in the range of $177 million to $181 million, which represents a growth rate of approximately 11% to 14%.”
AXGN Axogen, Inc.

Axogen, Inc. reported first quarter ended March 31, 2024 results: revenue 41.4 million, net income -6.6 million, EPS -0.15. Guidance reaffirmed.

“First quarter revenue was $41.4 million, a 12.9% increase compared to the first quarter of 2023.”
ATRO ASTRONICS CORP

ASTRONICS CORP updated its the three months ended March 30, 2024 guidance (reaffirmed).

“On May 2, 2024 , Astronics Corporation issued a news release announcing its first quarter financial results for 2024. A copy of the press release is attached as Exhibit 99.1.”
PBI PITNEY BOWES INC /DE/

PITNEY BOWES INC /DE/ reported Full Year 2024 results: revenue revenue growth to range from flat to a low- single digit decline. Guidance reaffirmed.

“We are maintaining our guidance and expect revenue growth to range from flat to a low- single digit decline and EBIT margins to remain relatively flat on a year-over-year basis.”
PBI PITNEY BOWES INC /DE/

PITNEY BOWES INC /DE/ reported First Quarter 2024 results: EPS GAAP EPS ($0.02).

“Revenue in the quarter was $831 million, flat compared to prior year”
PDEX PRO DEX INC

PRO DEX INC reported nine months ended March 31, 2024 results: revenue $38.8 million, net income $540,000, or $0.15 per diluted share, EPS $0.15 per diluted share.

“Net sales for the nine months ended March 31, 2024, increased $3.4 million, or 10%, to $38.8 million from $35.4 million for the nine months ended March 31, 2023”
PDEX PRO DEX INC

PRO DEX INC reported third quarter ended March 31, 2024 results: revenue $14.3 million, net income $655,000, or $0.19 per diluted share, EPS $0.19 per diluted share.

“Net sales for the three months ended March 31, 2024, increased $1.2 million, or 9%, to $14.3 million from $13.1 million for the three months ended March 31, 2023”
VGZ VISTA GOLD CORP

VISTA GOLD CORP reported quarter ended March 31, 2024 results: net income consolidated net loss of $1.1 million, or $0.01 per common share, EPS $0.01 per common share.

“Vista reported a consolidated net loss of $1.1 million, or $0.01 per common share, for the quarter ended March 31, 2024”
ITRI ITRON, INC.

ITRON, INC. reported the second quarter of 2024 results: revenue $595 and $605 million, EPS $0.90 and $1.00. Guidance initiated.

“Revenue between $595 and $605 million Non-GAAP diluted EPS between $0.90 and $1.00”
ITRI ITRON, INC.

ITRON, INC. reported the three months ended March 31, 2024 results: revenue $603 million, net income $52 million, EPS $1.12 per diluted share. Guidance reaffirmed.

“water, announced today financial results for its first quarter ended March 31, 2024. Key results for the quarter include (compared with the first quarter of 2023): Revenue of $603 million, increased 22%; Gross profit of $205 million, increased 31%; GAAP net income attributable to Itron, Inc. of $52 million, increased $64 million; GAAP diluted earnings per share of”
PATK PATRICK INDUSTRIES INC

PATRICK INDUSTRIES INC reported first quarter ended March 31, 2024 results: revenue $933 million, net income $35 million, EPS $1.59.

“today reported financial results for the first quarter ended March 31, 2024. Net sales increased 4% to $933 million”
PH Parker-Hannifin Corp

Parker-Hannifin Corp reported fiscal 2024 third quarter ended March 31, 2024 results: revenue $5.07 billion, net income $726.6 million, EPS $5.56. Guidance raised.

“Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2024 third quarter ended March 31, 2024. Sales were $5.07 billion compared with $5.06 billion in the third quarter of fiscal 2023. Net income was $726.6 million compared with $590.9 million in the prior year quarter.”
ARW ARROW ELECTRONICS, INC.

ARROW ELECTRONICS, INC. reported first quarter of 2024 results: revenue $6,924, net income 84, EPS 1.53.

“said Mr. Kerins. ​ ​ ​ ​ ​ ​ ​ Arrow Consolidated ​ Quarter Ended ​ ​ ​ March 30, ​ ​ April 1, (in millions except per share data) ​ 2024 ​ 2023 Consolidated sales ​ $ 6,924 ​ $ 8,736 Net income attributable to shareholders ​ 84 ​ 274 Net income per diluted share ​ ​ 1.53 ​ ​ 4.60 Non-GAAP net income attributable to shareholders (1) ​ ​ 132 ​ ​ 274”
SOUTHWESTERN ENERGY CO

SOUTHWESTERN ENERGY CO reported first quarter ended March 31, 2024 results: net income $1.5 billion net loss, EPS ($1.39) per diluted share.

“Southwestern Energy Company (the "Company") issued a press release announcing the Company's financial results for the quarter ended March 31, 2024.”
CVSA Covista Inc.

Covista Inc. updated its fiscal year 2024 guidance (raised).

“Adtalem guidance for fiscal year 2024, raises revenue guidance to a range of $1,560 million to $1,580 million from $1,520 million to $1,560 million, and raises adjusted earnings per share to be in the range of $4.80 to $5.00 from $4.55 to $4.75.”
CVSA Covista Inc.

Covista Inc. reported fiscal 2024 third quarter results: revenue $412.7 million, net income $36.8 million, EPS $0.93. Guidance raised.

“Guidance Raised Revenue up 11.8% YoY Total enrollment up 7.8% YoY Diluted earnings per share $0.93; Adjusted EPS $1.50, growth of 32.7% YoY ​ Third Quarter Highlights ● Revenue $412.7 million, up 11.8% year-over-year ● Total student enrollment 85,809, up 7.8% year-over-year ● Chamberlain University fifth straight quarter of total enrollment growth, up 9.0%”
ARIZONA PUBLIC SERVICE CO

ARIZONA PUBLIC SERVICE CO reported for the quarter ended March 31, 2024 results: net income $16.9 million, EPS $0.15 per diluted share of common stock. Guidance reaffirmed.

“Pinnacle West Capital Corp. (NYSE: PNW) today reported consolidated net income attributable to common shareholders of $16.9 million, or $0.15 per diluted share of common stock, for the quarter ended March 31, 2024.”
CAH CARDINAL HEALTH INC

CARDINAL HEALTH INC reported third quarter fiscal year 2024 results: revenue $54.9 billion, net income $258 million, EPS $1.05. Guidance raised.

“Cardinal Health Reports Third Quarter Fiscal Year 2024 Results and Raises Fiscal Year 2024 Non-GAAP EPS Guidance • Revenue increased 9% to $54.9 billion • GAAP 1 operating earnings were $367 million; GAAP diluted EPS was $1.05 • Non-GAAP operating earnings increased 10% to $666 million; non-GAAP diluted EPS increased 20% to $2.08 • Fiscal year 2024 non-GAAP EPS guidance 2 raised and narrowed to $7.30 to $7.40, from $7.20 to $7.35 • Company provides preliminary fiscal year 2025 non-GAAP EPS guidance of at least $7.50”
RAVE RAVE RESTAURANT GROUP, INC.

RAVE RESTAURANT GROUP, INC. reported third quarter of fiscal 2024 ended March 24, 2024 results: revenue $3.0 million, net income $0.7 million, EPS $0.04 per share.

“• Income before taxes increased 95.2% to $0.9 million for the third quarter of fiscal 2024 compared to the same period of the prior year. • Total revenue remained stable at $3.0 million for the third quarter of fiscal 2024 compared to the same period of the prior year. • Adjusted EBITDA increased by $0.2 million to $0.8 million for the third quarter of fiscal”
ACCO ACCO BRANDS Corp

ACCO BRANDS Corp reported full year 2024 results: EPS $1.02 to $1.07. Guidance lowered.

“Full year adjusted EPS is expected to be within a range of $1.02 to $1.07.”
ACCO ACCO BRANDS Corp

ACCO BRANDS Corp reported first quarter ended March 31, 2024 results: EPS ($0.07).

“Net sales were $358.9 million a 10.9 percent decline from $402.6 million in 2023.”
MUR MURPHY OIL CORP

MURPHY OIL CORP reported first quarter ended March 31, 2024 results: net income $90 million, EPS $0.59 net income per diluted share. Guidance reaffirmed.

“Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the first quarter ended March 31, 2024, including net income attributable to Murphy of $90 million, or $0.59 net income per diluted share.”
D DOMINION ENERGY, INC

DOMINION ENERGY, INC reported first-quarter 2024 results: net income $674 million ($0.78 per share), EPS $0.78 per share. Guidance reaffirmed.

“Dominion Energy, Inc. (NYSE: D), today announced unaudited net income determined in accordance with Generally Accepted Accounting Principles (GAAP, or reported earnings) for the three months ended March 31, 2024, of $674 million ($0.78 per share) compared with net income of $981 million ($1.15 per share) for the same period in 2023.”
UNB UNION BANKSHARES INC

UNION BANKSHARES INC reported the three months ended March 31, 2024 results: net income Consolidated net income for the first quarter was $2.41 million.

“On May 2, 2024, Union Bankshares, Inc (the "Company") distributed its First Quarter 2024 unaudited Report to Shareholders (the "Quarterly Report") presenting information concerning the Company's results of operations and financial condition for the three months ended March 31, 2024”
DSGR Distribution Solutions Group, Inc.

Distribution Solutions Group, Inc. reported first quarter ended March 31, 2024 results: revenue $416,086, EPS $(0.11) per share.

“the reconciliations of GAAP to non-GAAP measures in Tables 2, 3 and 4. Three Months Ended March 31, December 31, (Dollars in thousands) 2024 2023 % Change 2023 % Change Revenue $ 416,086 $ 348,270 19.5 % $ 405,239 2.7 % Operating income (loss) $ 2,783 $ 16,721 (83.4) % $ (289) N/A Non-GAAP adjusted operating income $ 29,761 $ 32,783 (9.2) % $ 28,006 6.3 % Non-GAAP”
NFG NATIONAL FUEL GAS CO

NATIONAL FUEL GAS CO reported fiscal year ended September 30, 2024 results: EPS $4.75 to $5.05 per share. Guidance lowered.

“Company is revising its fiscal 2024 earnings guidance to a range of $4.75 to $5.05 per share, excluding items impacting comparability, while lowering capital expenditure guidance to a range of $885 to $980 million.”
NFG NATIONAL FUEL GAS CO

NATIONAL FUEL GAS CO reported the quarter and six months ended March 31, 2024 results: net income $166.3 million, or $1.80 per share, EPS $1.80 per share. Guidance lowered.

“National Fuel Gas Company (the “Company”) issued a press release regarding its earnings for the quarter and six months ended March 31, 2024.”
MSI Motorola Solutions, Inc.

Motorola Solutions, Inc. reported the first quarter of 2024 results: revenue $2,389, EPS ($0.23). Guidance raised.

“our revenue and earnings expectations for the full year.” KEY FINANCIAL RESULTS (presented in millions, except per share data and percentages) Q1 2024 Q1 2023 % Change Sales $2,389 $2,171 10 % GAAP Operating Earnings $519 $399 30 % % of Sales 21.7 % 18.4 % EPS ($0.23) $1.61 (114) % Non-GAAP 3 Operating Earnings $638 $532 20 % % of Sales 26.7 % 24.5 % EPS”
MDU MDU RESOURCES GROUP INC

MDU RESOURCES GROUP INC reported Three months ended March 31, 2024 results: net income 100.9, EPS 0.49. Guidance reaffirmed.

“MDU Resources Reports Strong First Quarter Results; Affirms 2024 Guidance”
MSB MESABI TRUST

MESABI TRUST reported financial results for quarter ended March 31, 2024.

“On April 30, 2024, Mesabi Trust received the quarterly royalty report of iron ore shipments out of Silver Bay, Minnesota during the quarter ended March 31, 2024”
MCS MARCUS CORP

MARCUS CORP reported first quarter fiscal 2024 ended March 28, 2024 results: revenue $138.5 million, net income Net loss was $11.9 million, EPS Net loss per diluted common share was $0.38.

“on the horizon this summer with an improving film slate expected this fall.” First Quarter Fiscal 2024 Highlights • Total revenues for the first quarter of fiscal 2024 were $138.5 million, a 9.0% decrease from total revenues of $152.3 million for the first quarter of fiscal 2023. • Operating loss was $16.7 million for the first quarter of fiscal 2024, compared to”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.