{"schema_version":"secwatch.filing_event.v1","accession":"0000899751-23-000038","form_type":"8-K","ticker":"TWI","cik":"0000899751","company_name":"TITAN INTERNATIONAL INC","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.731231+00:00","generated_at":"2026-06-16T02:13:58.021404+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Titan International Q1 EPS $0.50 (adj. $0.53) up 35% YoY; net income $33M","bullets":["Net sales $548.6M, down 1.3% YoY; excluding FX and Australian divestiture, up 2%.","Gross margin 17.4%, up 180 bps; Adjusted EBITDA $68M, up 19% YoY.","Agricultural segment operating income $32.6M, up 8.1% YoY on cost reductions.","Earthmoving/construction operating income $23.5M, up 48.6% YoY on efficiencies.","Generated $12M free cash flow; net debt/EBITDA leverage 1.0x; repurchased $3.3M shares."],"urls":{"canonical":"https://secwatch.observer/filing/0000899751-23-000038","json":"https://secwatch.observer/filing/0000899751-23-000038.json","markdown":"https://secwatch.observer/filing/0000899751-23-000038.md","text":"https://secwatch.observer/filing/0000899751-23-000038.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/899751/000089975123000038/0000899751-23-000038-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/899751/000089975123000038/twi-20230503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T02:13:58.021404+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":"db8f85f4bc91ca6365cb8907746de905619c49fd","claim":"TITAN INTERNATIONAL INC reported first quarter ended March 31, 2023 results: revenue $548.6 million, net income $33 million, EPS $0.50.","evidence_excerpt":"Net sales for the first quarter ended March 31, 2023, were $548.6 million, compared to $556.0 million in the comparable quarter of 2022, a decrease of 1.3%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/899751/000089975123000038/0000899751-23-000038-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$548.6 million"},{"label":"Net income","value":"$33 million"},{"label":"EPS","value":"$0.50"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}