---
schema_version: "secwatch.filing_event.v1"
accession: "0000939930-23-000063"
form_type: "8-K"
ticker: "PYYX"
cik: "0000939930"
company_name: "PYXUS INTERNATIONAL, INC."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T21:05:14.911901+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Pyxus Q1 revenue up 39% to $477M, net income $0.8M; maintains FY24 guidance

## Summary
- Sales $477.1M (+38.7% YoY); operating income $36.4M vs $7.0M.
- Net income $0.8M improved $15.5M; adjusted EBITDA $43.5M vs $16.0M.
- Leaf volume +18.6%, avg price per kilo +17.6%; gross margin up to 15.3% from 11.9%.
- FY24 guidance reaffirmed: sales $1.9B-$2.1B, adjusted EBITDA $155M-$180M.
- CEO cites higher tobacco prices, accelerated shipments, favorable customer mix.

## SEC filing metadata
- accession: 0000939930-23-000063
- form_type: 8-K
- ticker: PYYX
- cik: 0000939930
- company_name: PYXUS INTERNATIONAL, INC.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/939930/000093993023000063/0000939930-23-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/939930/000093993023000063/pyx-20230810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939930-23-000063
- JSON: https://secwatch.observer/filing/0000939930-23-000063.json
- Plain text: https://secwatch.observer/filing/0000939930-23-000063.txt

## Key facts
- Earnings Releases
  PYXUS INTERNATIONAL, INC. reported fiscal quarter ended June 30, 2023 results: revenue $477.1 million, net income $0.8 million. Guidance reaffirmed.
  - Period: fiscal quarter ended June 30, 2023
  - Revenue: $477.1 million
  - Net income: $0.8 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: announced results for its fiscal quarter ended June 30, 2023. Highlights (comparisons are to the prior-year first fiscal quarter): • Sales and other operating revenues were $477.1 million, up $133.2 million, or 38.7%. • Operating income increased $29.4 million to $36.4 million. • Net income was $0.8 million, improving $15.5 million. • Adjusted EBITDA* increased
  evidence_url: https://www.sec.gov/Archives/edgar/data/939930/000093993023000063/0000939930-23-000063-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.