secwatch.observer — SEC 8-K summary
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Issuer:     EnerSys (ENS)
CIK:        0001289308
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001289308-24-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EnerSys Q3 FY2024 EPS $1.86 (+72% YoY); gross margin 28.9% (+570 bps)
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- Net sales $862M, down 6% YoY; telecom/broadband demand pauses partially offset by strength in Specialty and data centers.
- GAAP diluted EPS $1.86; adjusted diluted EPS $2.56 (+102% YoY).
- Gross margin 28.9% includes $59M benefit from IRA/45X tax credits; adjusted gross margin 30.7%.
- Dividend raised to $0.225/share (from $0.175), payable March 29, 2024 to holders of record March 15, 2024.
- Subsequent to quarter end issued $300M 6.625% senior notes due 2032; net leverage reduced to 1.1x EBITDA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1289308/000128930824000006/0001289308-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1289308/000128930824000006/ens-20240207.htm
  HTML page:      https://secwatch.observer/filing/0001289308-24-000006

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