secwatch.observer — SEC 8-K summary
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Issuer:     BRINKS CO (BCO)
CIK:        0000078890
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0000078890-23-000338
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brink's Q2 revenue record $1.22B (+7%), but GAAP EPS falls 7% to $0.68; $12M security loss
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- Q2 revenue $1,216M (+7% YoY), organic growth 8%; non-GAAP operating profit $132M (+6%).
- GAAP EPS $0.68 (down 7%); non-GAAP EPS $1.18 (down 12%); net income $32M (down 9%).
- YTD free cash flow improved $115M to $66M; net cash from operations up $64M to $105M.
- Large $12M security loss in global services; management sees no full-year impact.
- Full-year 2023 guidance reaffirmed: revenue $4.8-4.95B, adj. EBITDA $865-915M, EPS $6.45-7.15.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/78890/000007889023000338/0000078890-23-000338-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/78890/000007889023000338/bco-20230809.htm
  HTML page:      https://secwatch.observer/filing/0000078890-23-000338

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