secwatch.observer — SEC 8-K summary
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Issuer:     NACCO INDUSTRIES INC (NC)
CIK:        0000789933
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0000789933-23-000046
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NACCO Q2 net income drops 93% to $0.34 EPS; adjusted EBITDA falls 56%
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- Q2 2023 net income of $2.5M ($0.34 diluted EPS) vs $37.2M ($5.07 EPS) a year ago.
- Income before taxes decreased to $3.3M from $45.1M, down 92.8%.
- Adjusted EBITDA for Q2 fell to $9.2M from $21.0M, down 56.1%.
- Prior-year quarter included $30.9M from contract termination settlements.
- Six-month net income down 83.5% to $8.2M ($1.09 EPS).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/789933/000078993323000046/0000789933-23-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/789933/000078993323000046/nacco-20230802.htm
  HTML page:      https://secwatch.observer/filing/0000789933-23-000046

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