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AI English summary of an SEC filing — figures as filed

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The company said it reported revenue of $1,524.5 million, net earnings of $207.4 million and diluted earnings per share of $0.58 for the 3-month period ended March 29, 2024. Net earnings for the same period a year earlier were $173.6 million, and diluted earnings per share were $0.49.

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

Key points

AI summary
  1. The company said it reported revenue of $1,524.5 million, net earnings of $207.4 million and diluted earnings per share of $0.58 for the 3-month period ended March 29, 2024. Net earnings for the same period a year earlier were $173.6 million, and diluted earnings per share were $0.49.

  2. The company said that operating cash flow for Q1 2024 was $256.7 million and free cash flow was $230.3 million, and that it used $1,721.8 million in net cash for acquisitions. It said cash and cash equivalents at period end were $704.6 million.

  3. The company said it expects full-year 2024 revenue of about $6.35 billion to $6.43 billion, diluted earnings per share of $2.61 to $2.70, and adjusted diluted earnings per share of $3.77 to $3.86. It also said it expects revenue of about $1.6 billion for Q2.

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

Revenue and Net Earnings for Q1 2024

The company said it reported revenue of $1,524.5 million, net earnings of $207.4 million and diluted earnings per share of $0.58 for the 3-month period ended March 29, 2024. Net earnings for the same period a year earlier were $173.6 million, and diluted earnings per share were $0.49.

Source · Based on the filing body and exhibits

Operating Cash Flow and Acquisition Spending

The company said that operating cash flow for Q1 2024 was $256.7 million and free cash flow was $230.3 million, and that it used $1,721.8 million in net cash for acquisitions. It said cash and cash equivalents at period end were $704.6 million.

Source · Based on the filing body and exhibits

Company Outlook for 2024

The company said it expects full-year 2024 revenue of about $6.35 billion to $6.43 billion, diluted earnings per share of $2.61 to $2.70, and adjusted diluted earnings per share of $3.77 to $3.86. It also said it expects revenue of about $1.6 billion for Q2.

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.