Brink's Q1 revenue up 10% to $1.185B; raises FY2023 guidance

BRINKS CO

2023-Q1 EPS reported $0.32 revenue$1,185,400,000

GAAP operating profit $80M (+28%); non-GAAP operating profit $127M (+14%); margins 6.7% and 10.7%.
GAAP net income $15M (down 79%); adjusted EBITDA $191M (+15%); GAAP EPS $0.30 (down 80%).
Non-GAAP EPS $1.16 (down 3%); organic revenue growth 13% driven by digital retail and ATM services.
Raised FY2023 guidance: operating profit $625-675M, adjusted EBITDA $865-915M, EPS $6.45-7.15.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

BRINKS CO reported the first quarter ended March 31, 2023 results: revenue $ 1,185, net income $ 15, EPS $ 0.30. Guidance raised.

Period: the first quarter ended March 31, 2023
Revenue: $ 1,185
Net income: $ 15
EPS: $ 0.30
Guidance: raised
Result: reported results

Exact text from the filing

summarized in the following table: (In millions, except for per share amounts) First-Quarter 2023 (vs. 2022) GAAP Change Non-GAAP Change Constant Currency Change (b) Revenue $ 1,185 10% $ 1,185 10% 16% Operating Profit $ 80 28% $ 127 14% 24% Operating Margin 6.7 % 90 bps 10.7 % 30 bps 80 bps Net Income / Adjusted EBITDA (a) $ 15 (79%) $ 191 15% 23% EPS $ 0.30

View on SEC.gov

Browse all earnings releases →

BRINKS CO filing history →

Source: SEC EDGAR

accession 0000078890-23-000250

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.