secwatch.observer — SEC 8-K summary
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Issuer:     GRAFTECH INTERNATIONAL LTD (EAF)
CIK:        0000931148
Form:       8-K
Filed at:   2024-04-26T23:59:59+00:00
Accession:  0000931148-24-000061
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GrafTech Q1 net loss $31M, adjusted EBITDA $0.2M; cost cuts 18% per MT
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- Net loss $31M ($0.12/share) vs $7M loss in Q1 2023; adjusted net loss $25.2M.
- Adjusted EBITDA $0.2M vs $15.1M in Q1 2023 on lower prices and mix; cost per MT down 18%.
- Revenue $137M (-2% YoY); sales volume 24.1k MT (+43%); non-LTA price ~$4,400/MT (-27%).
- Full-year cash COGS per MT now expected to decline mid-teen % (prior low-teen %).
- Arbitration resolved in GrafTech's favor during Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/931148/000093114824000061/0000931148-24-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/931148/000093114824000061/gti-20240426.htm
  HTML page:      https://secwatch.observer/filing/0000931148-24-000061

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