---
schema_version: "secwatch.filing_event.v1"
accession: "0000076282-23-000019"
form_type: "8-K"
ticker: "PKOH"
cik: "0000076282"
company_name: "PARK OHIO HOLDINGS CORP"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:56:54.487275+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Park-Ohio Q1 net sales up 18% to $423.5M; GAAP EPS $0.61 (+103% YoY); Adjusted EPS $0.72 (+41%)

## Summary
- Net sales $423.5M (+18% YoY); gross margin 15.8% (up 250bps); operating income $20.2M vs $5.4M Q1 2022.
- GAAP EPS from cont ops $0.61 (up 103%); adjusted EPS $0.72 (up 41%).
- Supply Technologies sales +16% to $195.8M; Assembly Components sales +13% to $110.4M; Engineered Products sales +29% to $117.3M.
- Capital equipment backlog $175M at March 31, 2023; Q1 bookings $52M.
- Full-year 2023 outlook: revenue growth 5-10% (bias to high end); expects improved EBITDA, free cash flow, adjusted EPS.

## SEC filing metadata
- accession: 0000076282-23-000019
- form_type: 8-K
- ticker: PKOH
- cik: 0000076282
- company_name: PARK OHIO HOLDINGS 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/76282/000007628223000019/0000076282-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/76282/000007628223000019/pkoh-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000076282-23-000019
- JSON: https://secwatch.observer/filing/0000076282-23-000019.json
- Plain text: https://secwatch.observer/filing/0000076282-23-000019.txt

## Key facts
- Earnings Releases
  PARK OHIO HOLDINGS CORP reported first quarter of 2023 results: revenue $423.5 million, net income $7.5 million, EPS $0.61 per diluted share.
  - Period: first quarter of 2023
  - Revenue: $423.5 million
  - Net income: $7.5 million
  - EPS: $0.61 per diluted share
  - Result: reported results
  source text: In the first quarter of 2023, net sales from continuing operations were $423.5 million compared to $357.7 million in the 2022 period, an increase of 18%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/76282/000007628223000019/0000076282-23-000019-index.htm

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