secwatch.observer — SEC 8-K summary
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Issuer:     Woodward, Inc. (WWD)
CIK:        0000108312
Form:       8-K
Filed at:   2024-01-29T23:59:59+00:00
Accession:  0001171843-24-000446
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Woodward Q1 FY2024 net sales $787M (+27% YoY); raises full-year adj. EPS guidance to $5.00-$5.40
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- Q1 net sales $787M (+27% YoY); GAAP EPS $1.46, adj. EPS $1.45 vs $0.49 prior year.
- Aerospace segment sales $461M (+16%); Industrial sales $326M (+46%) on China natural gas truck demand.
- FY2024 guidance raised: sales now $3.15B-$3.30B; adj. EPS $5.00-$5.40 (from $4.75-$5.20); adj. FCF $300-$350M.
- Debt-to-EBITDA leverage improved to 1.3x from 2.3x a year ago; total debt $719M at Dec 31, 2023.
- Operating cash flow $47M vs $5M; free cash flow $5M vs negative $19M; dividends of $13M returned to shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/108312/000117184324000446/0001171843-24-000446-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/108312/000117184324000446/f8k_012924.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-000446

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