secwatch.observer — SEC 8-K summary
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Issuer:     Sun Country Airlines Holdings, Inc. (SNCY)
CIK:        0001743907
Form:       8-K
Filed at:   2024-01-31T23:59:59+00:00
Accession:  0001743907-24-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sun Country Airlines Q4 revenue record $245.5M; FY2023 revenue tops $1B
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- Q4 total revenue $245.5M (+8.1% YoY); FY2023 revenue $1.05B (+17.3% YoY) – both records.
- Q4 GAAP diluted EPS $0.10; adjusted $0.12. FY2023 GAAP diluted EPS $1.23; adjusted $1.37.
- FY2023 adjusted operating margin 13.0% (record); Q4 adjusted operating margin 7.4%.
- 2023 share repurchases: 4.2M shares for $68.6M. $11.5M remains under authorization.
- Q1 2024 guidance: revenue $310-320M; operating margin 17-21%; system block hours +8-11%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743907/000174390724000003/0001743907-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743907/000174390724000003/sncy-20240131.htm
  HTML page:      https://secwatch.observer/filing/0001743907-24-000003

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