{"schema_version":"secwatch.filing_event.v1","accession":"0000081362-24-000057","form_type":"8-K","ticker":"KWR","cik":"0000081362","company_name":"QUAKER CHEMICAL CORP","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.050209+00:00","generated_at":"2026-06-03T01:15:00.408973+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Quaker Chemical (KWR) Q1 2024 net sales $469.8M (-6% YoY); adj. EBITDA up 6% to $83.3M","bullets":["GAAP diluted EPS $1.95 vs $1.64 prior year; non-GAAP EPS $2.09 vs $1.89.","Net sales $469.8M, down 6% YoY driven by price/mix (-5%) and volumes (-1%); Asia/Pacific volumes up double-digits.","Gross margin improved 400 bps YoY (7th consecutive quarterly increase).","Adjusted EBITDA $83.3M (+6% YoY); operating cash flow $27.2M vs $37.8M.","Net debt $573.8M, leverage ~1.8x; management confident in volume and earnings growth for 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000081362-24-000057","json":"https://secwatch.observer/filing/0000081362-24-000057.json","markdown":"https://secwatch.observer/filing/0000081362-24-000057.md","text":"https://secwatch.observer/filing/0000081362-24-000057.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/81362/000008136224000057/0000081362-24-000057-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/81362/000008136224000057/kwr-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T01:15:00.408973+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":"cbea2daa2933b72a7766941e6585c8225b2a413a","claim":"QUAKER CHEMICAL CORP reported the first quarter ended March 31, 2024 results: revenue $469.8 million, net income $35.2 million, EPS $1.95.","evidence_excerpt":"Vice President, Investor Relations investor@quakerhoughton.com T. 1.610.832.4087 For Release: Immediate QUAKER HOUGHTON ANNOUNCES FIRST QUARTER 2024 RESULTS • Q1’24 net sales of $469.8 million , net income of $35.2 million and earnings per diluted share of $1.95 • Q1’24 non-GAAP net income of $37.7 million and non-GAAP earnings per diluted share of $2.09 • Delivered","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/81362/000008136224000057/0000081362-24-000057-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$469.8 million"},{"label":"Net income","value":"$35.2 million"},{"label":"EPS","value":"$1.95"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}