{"schema_version":"secwatch.filing_event.v1","accession":"0000037785-23-000110","form_type":"8-K","ticker":"FMC","cik":"0000037785","company_name":"FMC CORP","filed_at":"2023-07-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.337182+00:00","generated_at":"2026-06-13T10:46:34.676671+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"FMC slashes Q2 and FY 2023 guidance on abrupt channel inventory cuts","bullets":["Q2 revenue expected at $1.00-$1.03B; adjusted EBITDA $185-$190M, down sharply.","Full-year revenue revised to $5.20-$5.40B; adjusted EBITDA to $1.30-$1.40B.","Unprecedented inventory reductions by channel partners in North America, Latin America, and EMEA.","On-the-ground grower consumption remains strong, similar to prior year levels.","Cost mitigation actions initiated to reduce H2 operating expenses by $60-$70M."],"urls":{"canonical":"https://secwatch.observer/filing/0000037785-23-000110","json":"https://secwatch.observer/filing/0000037785-23-000110.json","markdown":"https://secwatch.observer/filing/0000037785-23-000110.md","text":"https://secwatch.observer/filing/0000037785-23-000110.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/37785/000003778523000110/0000037785-23-000110-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/37785/000003778523000110/fmc-20230710.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T10:46:34.676671+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"50d3d5ea0981f354b64f23be5b6fecbdaa34af96","claim":"FMC CORP reported second quarter 2023 results: revenue $1.00 billion and $1.03 billion. Guidance lowered.","evidence_excerpt":"Revenue in the second quarter is now expected to be between $1.00 billion and $1.03 billion. Adjusted EBITDA is expected to be in the range of $185 million to $190 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/37785/000003778523000110/0000037785-23-000110-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter 2023"},{"label":"Revenue","value":"$1.00 billion and $1.03 billion"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"f6bdffdd3c2de68119c93c1574727e1aa5fc524d","claim":"FMC CORP reported full-year 2023 results: revenue $5.20 billion to $5.40 billion. Guidance lowered.","evidence_excerpt":"The Company is revising its full-year financial outlook with revenue now expected to be $5.20 billion to $5.40 billion. Adjusted EBITDA for the full year is now expected to be $1.30 billion to $1.40 billion.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/37785/000003778523000110/0000037785-23-000110-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full-year 2023"},{"label":"Revenue","value":"$5.20 billion to $5.40 billion"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}