DuPont (DD) Tops Q4 EPS by 2c, Misses on Revenue; Offers FY24 Guidance
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DuPont Reports Fourth Quarter and Full Year 2023 Results
February 6, 2024 6:00 AM ESTAnnounces New Share Repurchase Authorization and Quarterly Dividend Increase
Fourth Quarter 2023 Highlights
Net Sales of $2.9 billion decreased 7%; organic sales decreased 10% versus year-ago periodGAAP Loss from continuing operations of $(300) million, includes ~$800 million non-cash goodwill impairment charge; operating EBITDA of $715 millionGAAP EPS from continuing operations of $(0.72); adjusted EPS of $0.87Cash provided by operating activities from continuing operations of $646 million; adjusted free cash flow of $501 millionFull Year 2023... More
