secwatch.observer — SEC 8-K summary
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Issuer:     GPGI, Inc. (GPGI)
CIK:        0001823144
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0001104659-24-031476
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CompoSecure Q4 net sales $99.9M (+7% YoY), net income $31M (+39%); $40M buyback
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- Q4 net sales $99.9M (+7% YoY); net income $31M (+39%); adjusted EBITDA $37.2M (+22%).
- FY2023 net sales $390.6M (+3% YoY); adjusted EBITDA $145M (+6%); net income $112.5M vs $131.8M.
- FY2024 guidance: net sales $408-$428M, adjusted EBITDA $147-$157M.
- Board authorized up to $40M repurchase of common stock, warrants, and convertible notes over 3 years.
- Credit agreement amended to permit repurchases up to $40M at any time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823144/000110465924031476/0001104659-24-031476-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823144/000110465924031476/tm248036d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-031476

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