secwatch.observer — SEC 8-K summary
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Issuer:     ESCO TECHNOLOGIES INC (ESE)
CIK:        0000866706
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001104659-23-088847
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ESCO beats Q3 expectations; raises FY2023 adjusted EPS guidance to $3.62–$3.68
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- Q3 GAAP EPS $1.08 (+21% YoY); adjusted EPS $1.09 (+22% YoY) on sales of $248.7M (+14% YoY).
- A&D sales +12% to $103.5M; USG sales +34% to $90.0M; Test sales -7% to $55.3M.
- FY2023 adjusted EPS guidance raised to $3.62–$3.68 (13-15% growth) on sales of $940-950M.
- Quarterly dividend of $0.08 per share payable Oct 17, 2023 to holders of record Oct 3.
- Ending backlog $705M; net debt $92M (0.71x leverage); $595M liquidity at June 30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866706/000110465923088847/0001104659-23-088847-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866706/000110465923088847/tm2322840d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-088847

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer