--- schema_version: "secwatch.filing_event.v1" accession: "0001104659-23-014539" form_type: "8-K" ticker: "ESE" cik: "0000866706" company_name: "ESCO TECHNOLOGIES INC" filed_at: "2023-02-08T23:59:59+00:00" generated_at: "2026-06-19T22:13:07.274072+00:00" event_type: "earnings" sentiment: "positive" materiality_score: 0.75 calibrated_materiality_score: 0.75 confidence: "high" source: SEC EDGAR --- # ESCO Q1 GAAP EPS $0.57 (+30% YoY), sales $205.5M (+16%); acquires CMT Materials ## Summary - Q1 GAAP EPS $0.57, adjusted EPS $0.60, both up 30% YoY; sales $205.5M (+16% YoY). - Record backlog $718M; orders $228.9M (book-to-bill 1.11x); Q2 adj EPS guidance $0.68-$0.74. - Acquired CMT Materials (buoyancy/syntactic foams) for ~$15M annual sales; adds to A&D segment. - Dividend $0.08/share payable Apr 18 to holders of record Apr 3; repurchased 58k shares for $5.1M. - CFO awarded 2,507 RSUs ($250k value) vesting Nov 5, 2025, subject to plan approval. ## SEC filing metadata - accession: 0001104659-23-014539 - form_type: 8-K - ticker: ESE - cik: 0000866706 - company_name: ESCO TECHNOLOGIES INC - filed_at: 2023-02-08T23:59:59+00:00 - event_type: earnings - sentiment: positive - materiality_score: 0.75 - calibrated_materiality_score: 0.75 - confidence: high - sec_items: 2.02, 7.01, 5.02, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/866706/000110465923014539/0001104659-23-014539-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866706/000110465923014539/tm235767d1_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001104659-23-014539 - JSON: https://secwatch.observer/filing/0001104659-23-014539.json - Plain text: https://secwatch.observer/filing/0001104659-23-014539.txt ## Key facts - Earnings Releases ESCO TECHNOLOGIES INC reported first quarter ended December 31, 2022 (Q1 2023) results: revenue $205.5 million, EPS GAAP EPS $0.57. - Period: first quarter ended December 31, 2022 (Q1 2023) - Revenue: $205.5 million - EPS: GAAP EPS $0.57 - Result: reported results source text: ESCO REPORTS FIRST QUARTER FISCAL 2023 RESULTS - Q1 GAAP EPS $0.57 / Adjusted EPS $0.60 - - Q1 Sales increase 16% to $206 Million - - $229 Million in Q1 Orders / Book-to-bill of 1.11x evidence_url: https://www.sec.gov/Archives/edgar/data/866706/000110465923014539/0001104659-23-014539-index.htm - Shareholder Votes ESCO TECHNOLOGIES INC shareholders approved Advisory vote on the resolution to approve the compensation of the Registrant's executive officers at the 2023-02-03 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-02-03 source text: Proposal 3 – Advisory vote on the resolution to approve the compensation of the Registrant’s executive officers (“Say on Pay”): “For” “Against” “Abstain” Broker Non-Votes Percent of Shares Represented and Entitled to Vote on the Proposal Voting “For” Percent of all Outstanding Shares Voting “For” 23,841,549 218,128 10,060 419,486 99.05% 92.10% Because the proposal received a majority of the shares represented at the meeting and entitled to vote on the matter, it was duly approved. evidence_url: https://www.sec.gov/Archives/edgar/data/866706/000110465923014539/0001104659-23-014539-index.htm - Shareholder Votes ESCO TECHNOLOGIES INC shareholders approved Election of Directors at the 2023-02-03 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-02-03 source text: Proposal 1 – Election of Directors: Nominee “For” “Withhold” Broker Non-Votes Percent of Shares Represented and Entitled to Vote on the Nominee Voting “For” Percent of all Outstanding Shares Voting “For” Patrick M. Dewar 23,896,253 168,884 424,086 99.30% 92.32% Vinod M. Khilnani 23,831,421 233,716 424,086 99.03% 92.06% Robert J. Phillippy 21,149,833 2,915,304 424,086 87.89% 81.71% Because each nominee received a majority of the shares represented at the meeting and entitled to vote on the nominee, all of the nominees were duly elected. evidence_url: https://www.sec.gov/Archives/edgar/data/866706/000110465923014539/0001104659-23-014539-index.htm - Shareholder Votes ESCO TECHNOLOGIES INC shareholders approved Ratification of the Registrant's appointment of Grant Thornton LLP as the Registrant's independent registered public accounting firm for the 2022 fiscal year at the 2023-02-03 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-02-03 source text: Proposal 5 – Ratification of the Registrant’s appointment of Grant Thornton LLP as the Registrant’s independent registered public accounting firm for the 2022 fiscal year: “For” “Against” “Abstain” Broker Non-Votes Percent of Shares Represented and Entitled to Vote on the Proposal Voting “For” Percent of all Outstanding Shares Voting “For” 24,446,764 36,119 6,339 0 99.83% 94.44% Because the proposal received a majority of the shares represented at the meeting and entitled to vote on the matter, it was duly approved. evidence_url: https://www.sec.gov/Archives/edgar/data/866706/000110465923014539/0001104659-23-014539-index.htm - Shareholder Votes ESCO TECHNOLOGIES INC shareholders approved Advisory vote on the frequency of the advisory votes on executive compensation at the 2023-02-03 meeting. - Proposal: say on pay frequency - Outcome: passed - Meeting: 2023-02-03 source text: Proposal 4 – Advisory vote on the frequency of the advisory votes on executive compensation (“Say on Pay Frequency”): “1 Year” “2 Years” “3 Years” “Abstain” Broker Non-Votes Percent of Shares Represented and Entitled to Vote on the Proposal Voting “1 Year” Percent of all Outstanding Shares Voting “1 Year” 22,599,667 3,948 1,458,062 8,059 419,486 93.89% 87.31% Because a significant majority of the shares favored holding the Say-on-Pay vote every “1 Year,” which was the one recommended by the Board as well as the one the Company has historically used, the Company plans to continue to hold a Say-on-Pay vote every year. evidence_url: https://www.sec.gov/Archives/edgar/data/866706/000110465923014539/0001104659-23-014539-index.htm - Shareholder Votes ESCO TECHNOLOGIES INC shareholders approved Approval of an extension and certain amendments of the Registrant's 2018 Omnibus Incentive Plan at the 2023-02-03 meeting. - Proposal: equity plan - Outcome: passed - Meeting: 2023-02-03 source text: Proposal 2 – Approval of an extension and certain amendments of the Registrant’s 2018 Omnibus Incentive Plan (the “Plan”): “For” “Against” “Abstain” Broker Non-Votes Percent of Shares Represented and Entitled to Vote on the Proposal Voting “For” Percent of all Outstanding Shares Voting “For” 23,464,940 594,397 10,400 419,486 97.49% 90,65% Because the proposal received a majority of the shares represented at the meeting and entitled to vote on the matter, it was duly approved. evidence_url: https://www.sec.gov/Archives/edgar/data/866706/000110465923014539/0001104659-23-014539-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.