secwatch.observer — SEC 8-K summary
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Issuer:     ESCO TECHNOLOGIES INC (ESE)
CIK:        0000866706
Form:       8-K
Filed at:   2023-11-16T23:59:59+00:00
Accession:  0001104659-23-119126
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ESCO reports record FY2023 sales $956M, Adj EPS $3.70; guides FY2024 Adj EPS $4.10-$4.30
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- FY2023 sales $956M (+11% YoY), GAAP EPS $3.58, Adj. EPS $3.70 (+15% YoY).
- Q4 sales $273M (+6% YoY), GAAP EPS $1.24, Adj. EPS $1.25 (+3% YoY).
- Record Q4 orders $340M (book-to-bill 1.25x); FY orders >$1B, backlog $772M.
- Acquired MPE Limited (UK) on Nov 9, 2023 for ~$12-14M annual sales; adds to Test segment.
- FY2024 guidance: sales $1.02-1.04B, Adj EPS $4.10-$4.30, Adj EBIT margin 14.3-14.7%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866706/000110465923119126/0001104659-23-119126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866706/000110465923119126/tm2330893d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-119126

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