UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 March 31, 2024 For the quarterly period ended or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-38196 DUPONT DE NEMOURS, INC. (Exact name of registrant as specified in its charter) Delaware 81-1224539 State or other jurisdiction of incorporation or organization (I.R.S ...

Financial Data and Key Metrics Changes - First quarter reported sales of $2.9 billion declined 3% year-over-year, operating EBITDA of $682 million decreased 4%, and adjusted EPS of $0.79 per share declined 6% [10][16][18] - Cash flow from operations was $493 million, with adjusted free cash flow of $286 million, a significant increase from $173 million in the year-ago period [18][81] - The company completed a $500 million accelerated share repurchase, retiring 6.9 million shares, bringing total share repurchases to over 15% of outstanding shares since November 2022 [10][18] Business Line Data and Key Metrics Changes - Semiconductor technologies reported a sequential sales growth of 8% and a year-over-year growth of 10%, driven by increased chip demand [8][20] - Interconnect solutions saw a 4% year-over-year volume growth, although revenue declined due to channel inventory destocking [9][20] - Water solutions experienced a mid-teen organic sales decline, primarily due to distributor destocking and lower industrial demand in China [22][23] - Industrial solutions faced a 20% organic sales decline, mainly due to ongoing channel inventory destocking [21] Market Data and Key Metrics Changes - Sales in Europe, North America, and Asia Pacific decreased on an organic basis, with declines of 8%, 7%, and 4% respectively [16] - In China, sales volumes increased by 3% year-over-year, driven by growth in electronics and interconnect solutions [16][41] Company Strategy and Development Direction - The company is focused on five high-growth areas, including electronics, water, healthcare, and advanced automotive technologies [10][11] - Management expressed optimism about the recovery in electronics and the potential for growth driven by AI-related products [11][46] - The company aims to maintain operational excellence and productivity improvements to support margin recovery [15][27] Management's Comments on Operating Environment and Future Outlook - Management noted that the first quarter confirmed a recovery in electronics, with expectations for continued volume pick-up throughout 2024 [8][11] - The company raised its full-year guidance for net sales, operating EBITDA, and adjusted EPS, indicating confidence in market recovery [24][62] - Management highlighted the importance of sustainability and ESG commitments, with significant progress reported in reducing greenhouse gas emissions [26][28] Other Important Information - The company expects to see a return to volume growth in the second half of 2024, driven by improved demand and reduced destocking impacts [77] - Management indicated that the electronics business is expected to grow high single digits in 2025, supported by increased semiconductor fab utilization rates [46] Q&A Session Summary Question: Insights on margin recovery and cost structure - Management indicated that most cost actions taken will remain in place, with expectations to bring back some costs in 2025 as markets recover [31][34] Question: Updates on electronics pricing and market dynamics - Management noted that price declines in electronics are typically around 1%, but advanced nodes related to AI are expected to support better pricing [36] Question: Expectations for sequential growth in EBITDA - Management clarified that the initial expectation for a 10% sequential lift was adjusted due to over-delivery in Q1, with a revised EBITDA guidance of $710 million for Q2 [38] Question: Updates on water solutions and industrial demand in China - Management confirmed that while industrial demand remains weak, there are signs of recovery in water solutions, with expected order increases towards the end of Q2 [40][79] Question: Free cash flow expectations for 2024 - Management anticipates free cash flow conversion to be at or near the target of greater than 90% for the year, despite a dip expected in Q2 due to interest payments [81] Question: Performance of Spectrum and its impact - Management reported that Spectrum is performing as expected, with significant growth driven by a key medical device customer [70]

DuPont de Nemours (DD) reported $2.93 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 2.9%. EPS of $0.79 for the same period compares to $0.84 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.82 billion, representing a surprise of +4.08%. The company delivered an EPS surprise of +21.54%, with the consensus EPS estimate being $0.65.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

1Q 2024 Financial Results May 1, 2024 Non-GAAPFinancialMeasures:Unlessotherwiseindicated,allfinancialmetricspresentedanddiscussionofresultsreflectcontinuingoperationsonly. This communication includes information that does not conform to accounting principles generally accepted in the United States of America (“U.S. GAAP”) and are considered non-GAAP measures. Management uses these measures internallyforplanning,forecastingandevaluatingtheperformanceoftheCompany,includingallocatingresources.DuPont’smanagemen ...

Exhibit 99.1 DuPont Reports First Quarter 2024 Results • Net Sales of $2.9 billion decreased 3%; organic sales decreased 6% versus year-ago period • GAAP Income from continuing operations of $183 million; operating EBITDA of $682 million • GAAP EPS from continuing operations of $0.41; adjusted EPS of $0.79 • Cash provided by operating activities from continuing operations of $493 million; adjusted free cash flow of $286 million • $500 million accelerated share repurchase (ASR) transaction launched in Februa ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider DuPont de Nemours (DD) . This company, which is in the Zacks Chemical - Diversified industry, shows potential for another earnings beat.This specialty chemicals maker has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past ...

WILMINGTON, Del., April 17, 2024 /PRNewswire/ -- DuPont (NYSE: DD) today announced that its Board of Directors has declared a quarterly dividend of thirty-eight cents ($0.38) per share on the outstanding Common Stock of the Company (par value $0.01 per share) payable on June 17, 2024, to holders of record of said stock at the close of business on May 31, 2024. About DuPontDuPont (NYSE: DD) is a global innovation leader with technology-based materials and solutions that help transform industries and everyday ...

Board Appointment - KULR Technology Group appoints Donna H Grier as a new independent director to its Board of Directors, effective immediately [1] - Donna Grier will serve as Chair of the Audit Committee and a member of the Nominating and Corporate Governance and Compensation Committees [1] - Current director Morio Kurosaki retires from the Board concurrently with Grier's appointment [1] Donna Grier's Background - Donna Grier is a seasoned SEC-Qualified Financial Expert with extensive Audit Committee experience [2] - She held executive finance leadership roles at DuPont, including Vice President-Treasurer and Vice President-General Auditor & Chief Ethics and Compliance Officer [2] - Grier has significant strategic M&A transaction experience and international financial leadership experience in Europe and South America [2] - She currently serves as Board Director and Audit & Risk Management Committee Chair for Global Advanced Metals and 4BMining [3] - Grier previously served as Board Director and Audit Committee Chair of Pyxus International and is Chair of the Board of Trustees for Washington & Jefferson College [3] - She holds an MBA from the University of Chicago Booth School of Business and a BA in Economics and Psychology from Washington & Jefferson College [3] Company Overview - KULR Technology Group is a leading energy management platform company focused on accelerating the electrification of the circular economy [4] - The company develops, manufactures, and licenses next-generation carbon fiber thermal management technologies for batteries and electronic systems [4] - KULR offers a holistic suite of products and services to enable customers to operate with efficiency and sustainability [4]

DuPont de Nemours, Inc. (DD) has introduced the Pyralux ML Series of double-sided metal-clad laminates, a novel addition to its extensive Pyralux laminates family for flexible and rigid-flex printed circuit boards (PCBs).These laminates, designed for effective thermal management, are an excellent choice for high-reliability applications such as aerospace, defense, electric vehicles, artificial intelligence networking and other electronic devices.DuPont, a prominent player in the chemical space along with Ea ...

ANAHEIM, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- DuPont today introduced the DuPont™ Pyralux® ML Series of double-sided metal-clad laminates, a unique addition to its extensive family of Pyralux® laminates for flexible and rigid-flex printed circuit boards (PCBs). Developed for optimal thermal management, these laminates are an ideal solution for high-reliability markets such as aerospace, defense, electric vehicles (EV), artificial intelligence (AI) related networking and other electronic devices. The P ...