secwatch.observer — SEC 8-K summary
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Issuer:     CHART INDUSTRIES INC (GTLS)
CIK:        0000892553
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0000892553-23-000072
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chart Industries Q1 record backlog $3.9B; raises 2023 sales & EBITDA guidance
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- Sales $537.9M record; adjusted EBITDA $102.2M (19.0% margin), record for Q1.
- Adjusted diluted EPS $1.41 vs reported ($0.46); Howden acquisition costs impacted.
- Raised 2023 sales outlook to $3.66-3.80B and adj. EBITDA to $780-810M.
- Record backlog $3.9B; orders $747.7M with broad-based demand across segments.
- Achieved $50.9M annualized cost synergies from Howden; net leverage 4.08X.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/892553/000089255323000072/0000892553-23-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/892553/000089255323000072/gtls-20230428.htm
  HTML page:      https://secwatch.observer/filing/0000892553-23-000072

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer