---
schema_version: "secwatch.filing_event.v1"
accession: "0000045876-23-000016"
form_type: "8-K"
ticker: "NVRI"
cik: "0000045876"
company_name: "ENVIRI Corp"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:50:43.713971+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Harsco Q1 adj EBITDA $63M beats guidance; FY23 outlook raised to $260-275M

## Summary
- Q1 revenue $496M (+9% YoY); GAAP operating income $29M vs $8M a year ago.
- GAAP diluted EPS loss $0.12, adjusted loss $0.11 vs adjusted loss $0.01 in Q1 2022.
- Clean Earth adj EBITDA surged to $27M from $10M; margin improved to 12.3% from 5.3%.
- FY23 adjusted EBITDA guidance raised to $260-275M from $240-260M; free cash flow raised to $25-45M.
- Credit agreement net leverage ratio fell to 4.9x from 5.3x at year-end 2022.

## SEC filing metadata
- accession: 0000045876-23-000016
- form_type: 8-K
- ticker: NVRI
- cik: 0000045876
- company_name: ENVIRI Corp
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/45876/000004587623000016/0000045876-23-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/45876/000004587623000016/hsc-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000045876-23-000016
- JSON: https://secwatch.observer/filing/0000045876-23-000016.json
- Plain text: https://secwatch.observer/filing/0000045876-23-000016.txt

## Key facts
- Earnings Releases
  ENVIRI Corp reported the first quarter ended March 31, 2023 results: revenue $496 million, EPS diluted loss per share from continuing operations was $0.12. Guidance raised.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $496 million
  - EPS: diluted loss per share from continuing operations was $0.12
  - Guidance: raised
  - Result: reported results
  source text: Cooney 267.857.8017 jcooney@harsco.com FOR IMMEDIATE RELEASE HARSCO CORPORATION REPORTS FIRST QUARTER 2023 RESULTS • First Quarter Revenues from Continuing Operations Totaled $496 Million, an Increase of 9 Percent Over the Prior-Year Quarter (or 12 Percent Excluding FX Translation Impacts) • Q1 GAAP Operating Income from Continuing Operations of $29 Million •
  evidence_url: https://www.sec.gov/Archives/edgar/data/45876/000004587623000016/0000045876-23-000016-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
