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AI English summary of an SEC filing — figures as filed

Becton Dickinson logoBecton Dickinson BDX

The company said revenue for Q1 of December 31, 2023 was $4,706 million, up 2.6% from $4,586 million a year earlier. It said GAAP diluted earnings per share were $0.96 and adjusted diluted EPS was $2.68.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said revenue for Q1 of December 31, 2023 was $4,706 million, up 2.6% from $4,586 million a year earlier. It said GAAP diluted earnings per share were $0.96 and adjusted diluted EPS was $2.68.

  2. The company said BD Medical revenue for Q1 rose 3.5% to $2,230 million, and BD Interventional revenue rose 5.2% to $1,188 million. BD Life Sciences revenue fell 1.0% to $1,288 million.

  3. The company said net cash provided by continuing operating activities for Q1 was $855 million, compared with $399 million a year earlier. It said it used $500 million for share repurchases and $275 million for dividend payments over the same period.

  4. The company raised its adjusted diluted EPS guidance for fiscal 2024 to $12.82 to $13.06 from $12.70 to $13.00. It said it now expects revenue of about $20.2 billion to $20.4 billion, compared with $20.1 billion to $20.3 billion previously.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Fiscal 2024 Q1 Revenue and EPS

The company said revenue for Q1 of December 31, 2023 was $4,706 million, up 2.6% from $4,586 million a year earlier. It said GAAP diluted earnings per share were $0.96 and adjusted diluted EPS was $2.68.

Source · Based on the filing body and exhibits

Segment Revenue Changes for Q1

The company said BD Medical revenue for Q1 rose 3.5% to $2,230 million, and BD Interventional revenue rose 5.2% to $1,188 million. BD Life Sciences revenue fell 1.0% to $1,288 million.

Source · Based on the filing body and exhibits

Operating Cash Flow and Share Repurchases in Q1

The company said net cash provided by continuing operating activities for Q1 was $855 million, compared with $399 million a year earlier. It said it used $500 million for share repurchases and $275 million for dividend payments over the same period.

Source · Based on the filing body and exhibits

Fiscal 2024 Full-Year Outlook Adjusted

The company raised its adjusted diluted EPS guidance for fiscal 2024 to $12.82 to $13.06 from $12.70 to $13.00. It said it now expects revenue of about $20.2 billion to $20.4 billion, compared with $20.1 billion to $20.3 billion previously.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.