{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-001503","form_type":"8-K","ticker":"ASH","cik":"0001674862","company_name":"ASHLAND INC.","filed_at":"2023-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.096654+00:00","generated_at":"2026-06-20T05:29:28.145501+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Ashland Q1 sales $525M (+3% YoY), adj. EPS $0.97, EBITDA $108M, reaffirms FY guidance","bullets":["Net income $40M ($0.73 diluted), income from continuing ops $42M ($0.76 diluted).","Adjusted income excl. intangibles amortization $54M ($0.97 diluted), up from $0.88 prior year.","Adjusted EBITDA $108M, up 2% YoY; negative impact of $14M from FX and $12M from maintenance turnarounds.","Cash flows used by operating activities -$29M; ongoing free cash flow -$21M, driven by higher working capital.","Results consistent with Jan 25 update; FY 2023 guidance remains within original ranges despite China/Europe headwinds."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-001503","json":"https://secwatch.observer/filing/0000950170-23-001503.json","markdown":"https://secwatch.observer/filing/0000950170-23-001503.md","text":"https://secwatch.observer/filing/0000950170-23-001503.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1674862/000095017023001503/0000950170-23-001503-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1674862/000095017023001503/ash-20230131.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T05:29:28.145501+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":"082afbf72e638c24868fd5aa250b91c5dae2f591","claim":"ASHLAND INC. reported the first quarter of fiscal year 2023, which ended December 31, 2022 results: revenue $525 million, net income $40 million, EPS $0.73 per diluted share. Guidance reaffirmed.","evidence_excerpt":"Ashland reports financial results 1 for first quarter of fiscal year 2023 consistent with previous update • Sales of $525 million, up three percent from the prior-year quarter • Net income (including discontinued operations) of $40 million, or $0.73 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1674862/000095017023001503/0000950170-23-001503-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of fiscal year 2023, which ended December 31, 2022"},{"label":"Revenue","value":"$525 million"},{"label":"Net income","value":"$40 million"},{"label":"EPS","value":"$0.73 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}