secwatch.observer — SEC 8-K summary
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Issuer:     CHART INDUSTRIES INC (GTLS)
CIK:        0000892553
Form:       8-K
Filed at:   2023-02-24T23:59:59+00:00
Accession:  0000892553-23-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chart Industries reports record Q4 and FY2022; reiterates 2023 outlook; Howden acquisition on track
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- Q4 sales $441.4M (record), FY sales $1,612.4M (+22.4% YoY); Q4 adjusted EPS $1.67, FY adjusted EPS $4.69 (records).
- Record FY orders $2,779.9M (+65.9% YoY); backlog $2,338.1M provides strong 2023 visibility.
- Reiterates FY2023 standalone sales $2.1-2.2B, adjusted EBITDA $440-480M, adjusted FCF $250-300M.
- Howden acquisition expected to close in ~45 days; combined pro forma 2023 sales $4.25B, EBITDA ~$1B.
- Recorded $73M charge in discontinued ops for Pacific Fertility settlement; expects recovery of ~25%+.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/892553/000089255323000041/0000892553-23-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/892553/000089255323000041/gtls-20230224.htm
  HTML page:      https://secwatch.observer/filing/0000892553-23-000041

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