{"schema_version":"secwatch.filing_event.v1","accession":"0000041719-22-000046","form_type":"8-K","ticker":"MAGN","cik":"0000041719","company_name":"Magnera Corp","filed_at":"2022-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.206785+00:00","generated_at":"2026-06-22T10:11:43.164737+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":"Glatfelter Q3 net loss $49.3M; EPS -$1.10; Spunlace goodwill impairment $42.5M; launches turnaround","bullets":["Net loss from continuing ops $49.3M vs. income $8.1M a year ago; adjusted EPS -$0.10 vs. +$0.21.","Revenue up 33% to $371.8M on Jacob Holm acquisition; Spunlace segment operating loss $4.7M.","Goodwill impairment charge of $42.5M for Spunlace; net leverage rose to 5.7x from 3.8x.","Airlaid Materials record operating income of $16.6M; Composite Fibers income $6.6M.","Company-wide turnaround strategy focused on portfolio optimization, margin improvement, cost reduction."],"urls":{"canonical":"https://secwatch.observer/filing/0000041719-22-000046","json":"https://secwatch.observer/filing/0000041719-22-000046.json","markdown":"https://secwatch.observer/filing/0000041719-22-000046.md","text":"https://secwatch.observer/filing/0000041719-22-000046.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/41719/000004171922000046/0000041719-22-000046-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/41719/000004171922000046/glt-20221103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T10:11:43.164737+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":"ae8359f1c2d41edcd961cca66c839c7f4ff4716c","claim":"Magnera Corp reported three months ended September 30, 2022 results: revenue $ 371,780, net income $ (49,254), EPS (1.10).","evidence_excerpt":"operational and financial improvements despite continued inflationary and energy price headwinds. Three months ended September 30, Dollars in thousands 2022 2021 Net sales $ 371,780 $ 279,651 Net Income (loss) from continuing operations (49,254) 8,059 Adjusted earnings (loss) from continuing operations (4,306) 9,482 EPS from continuing operations (1.10) 0.18","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/41719/000004171922000046/0000041719-22-000046-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended September 30, 2022"},{"label":"Revenue","value":"$ 371,780"},{"label":"Net income","value":"$ (49,254)"},{"label":"EPS","value":"(1.10)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}