secwatch.observer — SEC 8-K summary
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Issuer:     Installed Building Products, Inc. (IBP)
CIK:        0001580905
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001580905-24-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IBP Q2 record revenue $737.6M, EPS $2.30; declares $0.35 dividend (6% increase)
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- Net revenue up 6.6% YoY to $737.6M; installation revenue up 7.0% to $697.3M.
- Net income up 5.8% to $65.2M ($2.30 diluted EPS); adjusted EPS $2.84.
- Adjusted EBITDA up 6.3% to $129.8M; margin 17.6%.
- Board declared Q3 cash dividend of $0.35/share (6% YoY increase) payable Sep 30, 2024.
- YTD 2024 acquisitions over $50M annual revenue; repurchased $46M in stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580905/000158090524000034/0001580905-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580905/000158090524000034/ibp-20240801.htm
  HTML page:      https://secwatch.observer/filing/0001580905-24-000034

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