secwatch.observer — SEC 8-K summary
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Issuer:     DELUXE CORP (DLX)
CIK:        0000027996
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0000027996-24-000139
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Deluxe Q2 revenue down 5.9% but net income up 25%; reaffirms FY guidance
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- GAAP diluted EPS $0.46, up 24.3% YoY; comparable adjusted diluted EPS $0.85, up 4.9%.
- Revenue $537.8M, down 5.9% reported; comparable adjusted revenue down 3.0% after business exits.
- Comparable adjusted EBITDA $101.8M, margin 19.0% (+80 bps); net income $20.5M vs $16.4M.
- First half operating cash flow $66.2M, up 40%; free cash flow $17.6M through six months.
- Reaffirms FY 2024 guidance: rev $2.12-2.16B, adj EBITDA $400-420M, adj EPS $3.10-3.40, FCF $80-100M; dividend $0.30/share payable Sep 3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/27996/000002799624000139/0000027996-24-000139-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/27996/000002799624000139/dlx-20240731.htm
  HTML page:      https://secwatch.observer/filing/0000027996-24-000139

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