secwatch.observer — SEC 8-K summary
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Issuer:     Atkore Inc. (ATKR)
CIK:        0001666138
Form:       8-K
Filed at:   2022-05-03T23:59:59+00:00
Accession:  0001666138-22-000061
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Atkore Q2 net sales $982.6M (+53.6% YoY); raises FY2022 Adj EBITDA view to $1.25-1.30B
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- Net income per diluted share $5.08 (GAAP), adjusted $5.39; net income up 86.9% to $233.5M.
- Electrical segment sales $759.9M (+55.9%); Adj EBITDA $331.0M (+75.3%). Safety & Infrastructure sales $224.3M (+46.9%).
- FY2022 Adjusted EBITDA guidance raised to $1.25B-$1.30B; Adjusted EPS guidance $19.65-$20.45.
- Board increased share repurchase authorization from $400M to $800M, expiring Nov 2023.
- Preliminary FY2023 Adj EBITDA view of ~$800M-$900M, reflecting expected normalization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666138/000166613822000061/0001666138-22-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666138/000166613822000061/atkr-20220503.htm
  HTML page:      https://secwatch.observer/filing/0001666138-22-000061

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