secwatch.observer — SEC 8-K summary
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Issuer:     PARK OHIO HOLDINGS CORP (PKOH)
CIK:        0000076282
Form:       8-K
Filed at:   2023-03-15T23:59:59+00:00
Accession:  0000076282-23-000012
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Park-Ohio Q4 GAAP EPS -$0.58; full-year adj. EPS $1.76; plans to sell Aluminum Products
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- Q4 net sales $381.6M (+17% YoY); GAAP diluted EPS loss $0.58; adjusted EPS loss $0.09.
- Full-year 2022 net sales record $1.5B (+17%); GAAP EPS $0.83; adjusted EPS $1.76.
- Supply Technologies sales up 18%, Assembly Components up 13%, Engineered Products up 17%.
- Discontinued ops (Aluminum Products) net loss $16.9M in Q4; entered MOU to sell; received $20M cash.
- 2023 outlook: revenue +5-10% YoY; expects improved adjusted income and free cash flow.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/76282/000007628223000012/0000076282-23-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/76282/000007628223000012/pkoh-20230315.htm
  HTML page:      https://secwatch.observer/filing/0000076282-23-000012

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