{"schema_version":"secwatch.filing_event.v1","accession":"0000899751-23-000066","form_type":"8-K","ticker":"TWI","cik":"0000899751","company_name":"TITAN INTERNATIONAL INC","filed_at":"2023-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.969372+00:00","generated_at":"2026-06-12T16:00:38.804772+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Titan Q2 2023 EPS $0.48; revenue down 16% to $481M; provides FY2023 outlook","bullets":["Net income $32M, EPS $0.48, adjusted EPS $0.43; adjusted EBITDA $59M.","Revenue $481M, down 16% YoY from $572.9M on customer inventory destocking.","Agricultural segment sales -15.5% to $269M; EMC -17% to $175M; Consumer -15% to $37.3M.","Full-year 2023 outlook: revenue $1.85-1.9B, adj. EBITDA $200-210M, FCF $110-120M.","Cash $196M; net debt/EBITDA 1.0x; repurchased $6.4M of stock under $50M program."],"urls":{"canonical":"https://secwatch.observer/filing/0000899751-23-000066","json":"https://secwatch.observer/filing/0000899751-23-000066.json","markdown":"https://secwatch.observer/filing/0000899751-23-000066.md","text":"https://secwatch.observer/filing/0000899751-23-000066.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/899751/000089975123000066/0000899751-23-000066-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/899751/000089975123000066/twi-20230802.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T16:00:38.804772+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":"541e376eee44bff35fe473774945b37e559e1b9a","claim":"TITAN INTERNATIONAL INC reported second quarter ended June 30, 2023 results: revenue $481 million, net income $32 million, EPS $0.48. Guidance initiated.","evidence_excerpt":"quarter ended June 30, 2023. Second Quarter 2023 Highlights • Net income of $32 million, EPS of $0.48 and adjusted EPS of $0.43 • Adjusted EBITDA of $59 million • Net sales of $481 million • Further strengthened balance sheet with an increase in total cash to $196 million, $49 million of free cash flow generation and net debt/trailing twelve-month EBITDA leverage","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/899751/000089975123000066/0000899751-23-000066-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$481 million"},{"label":"Net income","value":"$32 million"},{"label":"EPS","value":"$0.48"},{"label":"Guidance","value":"initiated"},{"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"}