---
schema_version: "secwatch.filing_event.v1"
accession: "0000939930-24-000009"
form_type: "8-K"
ticker: "PYYX"
cik: "0000939930"
company_name: "PYXUS INTERNATIONAL, INC."
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:58:46.606594+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Pyxus reports Q3 net income $3.8M vs loss $2.3M YoY; raises FY adjusted EBITDA guidance to $185-195M

## Summary
- Q3 net income of $3.8M versus net loss of $2.3M in prior-year quarter; operating income up 14.9% to $47.8M.
- Adjusted EBITDA for Q3 rose 5.3% to $64.5M; nine-month adjusted EBITDA of $165.1M vs $120.2M.
- Third quarter gross margin improved to 17.5% from 13.4%; gross profit per kg up 29.7% to $0.83.
- Nine-month sales $1.6B (+8.2% YoY) driven by 10% higher average pricing; net income of $12.7M vs loss of $18.5M.
- Full-year fiscal 2024 guidance raised: sales $2.0-2.1B, adjusted EBITDA $185-195M.

## SEC filing metadata
- accession: 0000939930-24-000009
- form_type: 8-K
- ticker: PYYX
- cik: 0000939930
- company_name: PYXUS INTERNATIONAL, INC.
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/939930/000093993024000009/0000939930-24-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/939930/000093993024000009/pyx-20240214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939930-24-000009
- JSON: https://secwatch.observer/filing/0000939930-24-000009.json
- Plain text: https://secwatch.observer/filing/0000939930-24-000009.txt

## Key facts
- Earnings Releases
  PYXUS INTERNATIONAL, INC. updated its the three and nine months ended December 31, 2023 guidance (raised).
  - Period: the three and nine months ended December 31, 2023
  - Guidance: raised
  - Result: reported results
  source text: On February 14, 2024 , Pyxus International, Inc. issued a press release announcing its operating and financial results for the three and nine months ended December 31, 2023. The press release is furnished as Exhibit 99.1 hereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/939930/000093993024000009/0000939930-24-000009-index.htm

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