{"schema_version":"secwatch.filing_event.v1","accession":"0000041719-23-000015","form_type":"8-K","ticker":"MAGN","cik":"0000041719","company_name":"Magnera Corp","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.849950+00:00","generated_at":"2026-06-15T23:15:40.005418+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Glatfelter Q1 net loss $13.6M, adjusted EBITDA up to $24.8M; reaffirms FY23 guidance $110-120M","bullets":["Net loss of $13.6M (diluted EPS -$0.30) vs net loss $108.3M in Q1 2022; adjusted EPS -$0.13 vs -$0.14.","Revenue $378.2M, down slightly from $381.7M; Airlaid EBITDA +$1.8M, Composite Fibers +$3.9M, Spunlace -$0.3M.","Adjusted EBITDA $24.8M, up 7.7% YoY; cash from ops improved $35.6M to -$30.6M.","Reaffirmed FY 2023 Adjusted EBITDA guidance of $110M-$120M; completed refinancing extending maturities to 2026.","Moody's upgraded corporate rating to B3; leverage at 3.0x as of March 31, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0000041719-23-000015","json":"https://secwatch.observer/filing/0000041719-23-000015.json","markdown":"https://secwatch.observer/filing/0000041719-23-000015.md","text":"https://secwatch.observer/filing/0000041719-23-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/41719/000004171923000015/0000041719-23-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/41719/000004171923000015/glt-20230504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T23:15:40.005418+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":"bedaff149ce855913ad5fbb2f4d68ac06021942d","claim":"Magnera Corp reported three months ended March 31, 2023 results: revenue $ 378,208, net income Net loss $ (13,584), EPS $(0.30). Guidance reaffirmed.","evidence_excerpt":"on the Company's progress with its turnaround strategy to drive operational and financial improvements. Three months ended March 31, Dollars in thousands 2023 2022 Net sales $ 378,208 $ 381,680 Net loss from continuing operations (13,182) (108,290) Adjusted loss from continuing operations (5,866) (6,159) EPS from continuing operations (0.29) (2.42) Adjusted EPS","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/41719/000004171923000015/0000041719-23-000015-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2023"},{"label":"Revenue","value":"$ 378,208"},{"label":"Net income","value":"Net loss $ (13,584)"},{"label":"EPS","value":"$(0.30)"},{"label":"Guidance","value":"reaffirmed"},{"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"}