{"schema_version":"secwatch.filing_event.v1","accession":"0000081362-23-000053","form_type":"8-K","ticker":"KWR","cik":"0000081362","company_name":"QUAKER CHEMICAL CORP","filed_at":"2023-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.712373+00:00","generated_at":"2026-06-12T19:50:31.846097+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Quaker Houghton Q2 2023 net sales $495.4M, adj. EBITDA $80.2M up 37% YoY","bullets":["Net income $29.3M ($1.63 diluted EPS) vs $14.3M ($0.80) YoY; non-GAAP EPS $1.93.","Adjusted EBITDA $80.2M (+37% YoY) driven by margin improvement; operating cash flow $116.1M YTD.","Net sales flat at $495.4M (+1%); volume down 10% YoY, selling price/mix up 11%.","Americas net sales $253.2M (+7% YoY); EMEA flat; Asia/Pacific down 11%.","Net debt to adjusted EBITDA improved to 2.3x; total gross debt $885.1M, cash $189.4M."],"urls":{"canonical":"https://secwatch.observer/filing/0000081362-23-000053","json":"https://secwatch.observer/filing/0000081362-23-000053.json","markdown":"https://secwatch.observer/filing/0000081362-23-000053.md","text":"https://secwatch.observer/filing/0000081362-23-000053.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/81362/000008136223000053/0000081362-23-000053-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/81362/000008136223000053/kwr-20230801.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T19:50:31.846097+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"10d615be80f153feca523f74a707cc35918fb265","claim":"QUAKER CHEMICAL CORP reported second quarter ended June 30, 2023 results: revenue $495.4 million, net income $29.3 million, EPS $1.63 per diluted share.","evidence_excerpt":"Vice President, Investor Relations investor@quakerhoughton.com T. 1.610.832.4087 For Release: Immediate QUAKER HOUGHTON ANNOUNCES SECOND QUARTER 2023 RESULTS • Net sales of $495.4 million in Q2’23, an increase of 1% compared to Q2’22 driven by value-based pricing initiatives • Q2’23 net income of $29.3 million and earnings per diluted share of $1.63 • Q2’23","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/81362/000008136223000053/0000081362-23-000053-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$495.4 million"},{"label":"Net income","value":"$29.3 million"},{"label":"EPS","value":"$1.63 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}