The company reported revenue of $2.1 billion for Q1 2024, up 1% (-1% organic), GAAP net earnings of $632 million (up 177%), and GAAP diluted EPS of $4.52 for the quarter ended March 31.

1. 01

   The company reported revenue of $2.1 billion for Q1 2024, up 1% (-1% organic), GAAP net earnings of $632 million (up 177%), and GAAP diluted EPS of $4.52 for the quarter ended March 31.

2. 02

   The company said its Q1 2024 GAAP net earnings included a pre-tax gain on the sale of De-Sta-Co of $529,943 thousand, and it reported adjusted net earnings of $273 million and adjusted diluted EPS of $1.95.

3. 03

   The company said it expects GAAP EPS for 2024 of $10.78 to $10.93 (adjusted EPS of $9.00 to $9.15), based on full-year revenue growth of 2% to 4% (1% to 3% organic). It explained that full-year GAAP EPS includes the gain on the sale of De-Sta-Co.

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. Some paragraphs were omitted because their support in the source could not be confirmed.

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

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