secwatch.observer — SEC 8-K summary
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Issuer:     DELUXE CORP (DLX)
CIK:        0000027996
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0000027996-23-000174
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Deluxe Q3 net loss $8M; raises FY2023 adjusted EBITDA and EPS guidance
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- Net loss $8.0M ($0.18 diluted EPS) vs net income $14.7M a year ago; adjusted diluted EPS $0.79.
- Revenue $537.8M down 3.1% reported; comparable adjusted revenue flat YoY.
- Adjusted EBITDA $101.9M (-2.6%); comparable adjusted EBITDA up 3.0%, margin up 50 bps.
- Raises FY2023 adj. EBITDA to $405-420M from $400-415M; adj. EPS to $3.20-3.45 from $3.10-3.40.
- Launches North Star initiative targeting $100M incremental run-rate free cash flow and $80M EBITDA by 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/27996/000002799623000174/0000027996-23-000174-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/27996/000002799623000174/dlx-20231102.htm
  HTML page:      https://secwatch.observer/filing/0000027996-23-000174

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer