secwatch.observer — SEC 8-K summary
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Issuer:     Loar Holdings Inc. (LOAR)
CIK:        0002000178
Form:       8-K
Filed at:   2024-05-14T23:59:59+00:00
Accession:  0001193125-24-137744
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Loar Holdings Q1 net sales $91.8M (+23.7% YoY); net income turns positive; FY2024 outlook
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- Net sales of $91.8M, up 23.7% YoY; organic net sales up 11.1% to $82.5M.
- Net income of $2.2M vs. net loss of $7.5M in Q1 2023; Adjusted EBITDA $33.0M (+23.0%).
- FY2024 guidance: net sales $370-374M, Adj. EBITDA $132-134M, adj. EPS $0.41-0.43.
- IPO closed April 29 raised $330M net; repaid $285M debt; new $50M revolver; rate cut 250 bps to SOFR+4.75%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2000178/000119312524137744/0001193125-24-137744-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2000178/000119312524137744/d759018d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-137744

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