secwatch.observer — SEC 8-K summary
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Issuer:     PARK OHIO HOLDINGS CORP (PKOH)
CIK:        0000076282
Form:       8-K
Filed at:   2021-11-02T23:59:59+00:00
Accession:  0000076282-21-000105
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Park-Ohio Q3 net loss $7.2M ($0.60 GAAP loss) on $358.5M revenue; chip shortage and inflation weigh
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- Net loss of $7.2M ($0.60 diluted loss); adjusted EPS loss of $0.32, vs. prior-year net income of $5.3M ($0.44 EPS).
- Revenue of $358.5M, up 5.4% YoY; Supply Technologies +17%, Assembly Components -5.3%.
- Assembly Components operating loss $8.9M from chip shortage ($13.1M sales impact, $4.8M operating impact) and $5M raw material inflation.
- Updated FY2021 outlook: organic sales growth 10-12%, EBITDA margin ~5%, free cash flow usage $25-30M, capex $28-32M.
- Engineered Products new capital equipment bookings >$60M in Q3, up 180% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/76282/000007628221000105/0000076282-21-000105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/76282/000007628221000105/pkoh-20211102.htm
  HTML page:      https://secwatch.observer/filing/0000076282-21-000105

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