secwatch.observer — SEC 8-K summary
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Issuer:     ENVIRI Corp (NVRI)
CIK:        0000045876
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0000045876-23-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/45876/000004587623000016/0000045876-23-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/45876/000004587623000016/hsc-20230503.htm
  HTML page:      https://secwatch.observer/filing/0000045876-23-000016

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