AI English summary of an SEC filing — figures as filed

The company said sales for Q2 2024 (ended June 28, 2024) rose 2.8% year over year to $1,288 million, and non-GAAP core sales growth was 3.8%.

8-KResults of Operations and Financial ConditionFiled Jul 25, 2024Period of report Jul 25, 2024Summary published (UTC) Oct 20, 2026

Key points

AI summary

The company said sales for Q2 2024 (ended June 28, 2024) rose 2.8% year over year to $1,288 million, and non-GAAP core sales growth was 3.8%.
Veralto said GAAP net earnings for Q2 were $203 million ($0.81 per diluted share), and adjusted net earnings were $213 million ($0.85 per adjusted diluted share). Operating profit margin was 23.2%, and adjusted operating profit margin was 24.0%.
The company disclosed that operating cash flow for Q2 was $251 million, down about 16.5% from $301 million a year earlier, and non-GAAP free cash flow was $240 million, down about 17.5% from $291 million a year earlier.
The company said it raised its adjusted diluted earnings per share outlook for fiscal 2024 to $3.37–$3.45 from $3.25–$3.34. It raised its adjusted operating profit margin expansion target to ~75 basis points, and maintained its free cash flow conversion outlook at 100%–110%.

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.

Q2 Sales $1,288 million, Core Sales Growth 3.8%

The company said sales for Q2 2024 (ended June 28, 2024) rose 2.8% year over year to $1,288 million, and non-GAAP core sales growth was 3.8%.

Source · Based on the filing body and exhibits

Q2 Net Earnings $203 million, Diluted EPS $0.81

Veralto said GAAP net earnings for Q2 were $203 million ($0.81 per diluted share), and adjusted net earnings were $213 million ($0.85 per adjusted diluted share). Operating profit margin was 23.2%, and adjusted operating profit margin was 24.0%.

Source · Based on the filing body and exhibits

Q2 Operating Cash Flow $251 million, Free Cash Flow $240 million

The company disclosed that operating cash flow for Q2 was $251 million, down about 16.5% from $301 million a year earlier, and non-GAAP free cash flow was $240 million, down about 17.5% from $291 million a year earlier.

Source · Based on the filing body and exhibits

Veralto Raises Full-Year Adjusted EPS Outlook to $3.37–$3.45

The company said it raised its adjusted diluted earnings per share outlook for fiscal 2024 to $3.37–$3.45 from $3.25–$3.34. It raised its adjusted operating profit margin expansion target to ~75 basis points, and maintained its free cash flow conversion outlook at 100%–110%.

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.

View the original filing on SEC EDGAR ↗

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