secwatch.observer — SEC 8-K summary
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Issuer:     QUAKER CHEMICAL CORP (KWR)
CIK:        0000081362
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0000081362-23-000069
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quaker Houghton posts Q3 net income $33.7M, adjusted EBITDA up 20% YoY to $84.4M
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- Q3 net sales $490.6M, flat YoY; volume down 4% offset by price/mix up 2% and FX 2%.
- Diluted EPS $1.87 vs $1.44 prior year; non-GAAP diluted EPS $2.05.
- Adjusted EBITDA $84.4M (+20% YoY) on higher gross margins across all segments.
- YTD operating cash flow $199.5M vs -$26.3M; net debt/EBITDA improved to 2.0x.
- Segment operating earnings all up: Americas $69.1M, EMEA $27.9M, Asia/Pacific $31.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/81362/000008136223000069/0000081362-23-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/81362/000008136223000069/kwr-20231102.htm
  HTML page:      https://secwatch.observer/filing/0000081362-23-000069

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