secwatch.observer — SEC 8-K summary
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Issuer:     GRAFTECH INTERNATIONAL LTD (EAF)
CIK:        0000931148
Form:       8-K
Filed at:   2023-11-03T23:59:59+00:00
Accession:  0000931148-23-000156
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GrafTech Q3 net loss $23M as revenue drops 48% YoY; adjusted EBITDA $1M
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- Net loss of $23M ($0.09/share) vs net income of $93M ($0.36) in Q3 2022.
- Revenue fell 48% YoY to $159M on weak demand, lower LTA/non-LTA prices and mix shift.
- Sales volume 24.2k MT (32% YoY decline); LTA price $8,650/MT, non-LTA ~$5,400/MT.
- Adjusted EBITDA plunged to $1M from $129M YoY; margin just 1%.
- FY 2023 capex guidance maintained $55-60M; Q4 sales volume expected to decline modestly from Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/931148/000093114823000156/0000931148-23-000156-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/931148/000093114823000156/gti-20231103.htm
  HTML page:      https://secwatch.observer/filing/0000931148-23-000156

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