The company said its Q4 2023 revenue was $1.7 billion, up 14% year over year, and full-year revenue was $6.6 billion, up 17%. It described commercial aerospace as up 22% in Q4 and up 24% for the year.

1. 01

   The company said its Q4 2023 revenue was $1.7 billion, up 14% year over year, and full-year revenue was $6.6 billion, up 17%. It described commercial aerospace as up 22% in Q4 and up 24% for the year.

2. 02

   The company reported 2023 full-year net income of $765 million ($1.83 per share), versus $469 million ($1.11 per share) in 2022. It said Q4 net income was $236 million ($0.57 per share), compared with $111 million ($0.26 per share) a year earlier.

3. 03

   The company said operating cash flow for 2023 was $901 million and free cash flow was $682 million. It also said it used $476 million for debt paydown, $250 million for share repurchases and $73 million for common stock dividends.

4. 04

   The company presented its full-year 2024 guidance: revenue of $7.00B to $7.20B (baseline $7.10B), adjusted EBITDA excluding special items of $1.600B to $1.670B, adjusted earnings per share excluding special items of $2.10 to $2.20, and free cash flow of $700M to $770M.

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

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.