AI English summary of an SEC filing — figures as filed
The company said Net Sales for Q2 (ended March 31) rose 17% to $4,376 million from $3,756 million a year earlier, and Adjusted Earnings Per Share was $1.36 (versus $1.09 a year earlier, 25%).
Key points
AI summaryThe company said Net Sales for Q2 (ended March 31) rose 17% to $4,376 million from $3,756 million a year earlier, and Adjusted Earnings Per Share was $1.36 (versus $1.09 a year earlier, 25%).
The company said GAAP Earnings Per Share for Q2 was $0.87, down 5% from $0.92 a year earlier, and that Pretax Earnings margin fell 210 basis points to 14.9% from 17.0%.
The company said Operating Cash Flow for Q2 was $757 million and Free Cash Flow was $675 million, and it set 2024 full-year Free Cash Flow at about $2.7B.
The company said on May 7, 2024 its Board of Directors elected Calvin G. Butler, Jr. as a director effective August 1, and that he will receive restricted stock units valued at $87,500.
Summary
AI-writtenAnalysis 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 Q2 Sales and Adjusted EPS
The company said Net Sales for Q2 (ended March 31) rose 17% to $4,376 million from $3,756 million a year earlier, and Adjusted Earnings Per Share was $1.36 (versus $1.09 a year earlier, 25%).
Source · Based on the filing body and exhibits
GAAP EPS and Pretax Earnings Margin
The company said GAAP Earnings Per Share for Q2 was $0.87, down 5% from $0.92 a year earlier, and that Pretax Earnings margin fell 210 basis points to 14.9% from 17.0%.
Source · Based on the filing body and exhibits
Q2 Cash Flow and Fiscal 2024 Free Cash Flow Outlook
The company said Operating Cash Flow for Q2 was $757 million and Free Cash Flow was $675 million, and it set 2024 full-year Free Cash Flow at about $2.7B.
Source · Based on the filing body and exhibits
Calvin G. Butler, Jr. Elected as Independent Director
The company said on May 7, 2024 its Board of Directors elected Calvin G. Butler, Jr. as a director effective August 1, and that he will receive restricted stock units valued at $87,500.
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.
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