secwatch.observer — SEC 8-K summary
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Issuer:     BRINKS CO (BCO)
CIK:        0000078890
Form:       8-K
Filed at:   2022-10-26T23:59:59+00:00
Accession:  0000078890-22-000423
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brink's Q3 non-GAAP EPS $1.34 (+18% YoY); reaffirms adjusted EBITDA and EPS guidance midpoint
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- Revenue $1.1B, up 6% total (+13% organic); non-GAAP operating profit $127M (+9%).
- Adjusted EBITDA $189M (+11%); global restructuring targets ~$40M fixed cost savings in 2023.
- NoteMachine acquired for ~$179M (5.0x EBITDA); expected to be accretive ~$0.04/share in Q4 2022.
- 825,725 shares repurchased YTD through Oct 24 for $45M at avg $54.60/share; $205M remains on authorization.
- 2022 guidance: non-GAAP EPS ~$5.75, adjusted EBITDA ~$775M; revenue and op profit expected at low end due to FX.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/78890/000007889022000423/0000078890-22-000423-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/78890/000007889022000423/bco-20221026.htm
  HTML page:      https://secwatch.observer/filing/0000078890-22-000423

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