The company said revenue for Q4 2023 was $932.4 million, up 9% from a year earlier and up 3% on an organic basis. GAAP net income was $63.0 million, and GAAP diluted earnings per share was $0.25.

1. 01

   The company said revenue for Q4 2023 was $932.4 million, up 9% from a year earlier and up 3% on an organic basis. GAAP net income was $63.0 million, and GAAP diluted earnings per share was $0.25.

2. 02

   The company reported revenue of $3,798.7 million for fiscal 2023, GAAP operating income of $448.8 million (11.8% of revenue), and non-GAAP operating income of $934.7 million (24.6% of revenue). GAAP net income was $311.3 million, and Adjusted EBITDA was $1,009.7 million.

3. 03

   The company said operating cash flow for fiscal 2023 was $597.1 million. It used $2,088.9 million for acquisitions of businesses, net of cash acquired, and $100.0 million for share repurchases. Long-term debt at year-end was $2,536.2 million.

4. 04

   The company said it expects full-year 2024 revenue of $3,570 million to $3,670 million and non-GAAP EPS of $2.60 to $2.80. The outlook assumes the joint venture with AGCO closes at the beginning of the Q2 2024.

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.

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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