secwatch.observer — SEC 8-K summary
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Issuer:     CSW INDUSTRIALS, INC. (CSW)
CIK:        0001624794
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0001624794-24-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CSWI Q3 adj EPS $1.07 (+6%), revenue $175M (+2%), adj EBITDA margin expands to 21%
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- Net income $9.2M (GAAP EPS $0.59); adjusted net income $16.7M ($1.07 adj EPS, +6% YoY).
- Adjusted EBITDA $36.8M (+18% YoY); margin 21.0% (+270 bps); cash from ops $47.0M (+28%).
- Contractor Solutions rev $115.4M (+3.1%); op margin 22.3% vs 19.5% prior. Specialized Reliability rev $33.7M (-7.2%) on shipment delay.
- Paid down $20M debt; leverage ratio 0.69x; YTD paid $100M debt, returned $8.9M dividends, $5.8M buybacks.
- Appointed Jeff Underwood SVP & GM Contractor Solutions effective Apr 1; Don Sullivan becomes Chief Strategy Officer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1624794/000162479424000009/0001624794-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1624794/000162479424000009/cswi-20240201.htm
  HTML page:      https://secwatch.observer/filing/0001624794-24-000009

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