---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-055626"
form_type: "8-K"
ticker: "CC"
cik: "0001627223"
company_name: "Chemours Co"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T08:35:15.720740+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Chemours Q3 2023: Adjusted EPS $0.63; cuts FY Adj. EBITDA guidance to $1.025-1.075B

## Summary
- Net sales $1.5B (-16% YoY); Net income $20M ($0.13 EPS); Adjusted net income $96M ($0.63 adj. EPS).
- Adjusted EBITDA $247M; FY 2023 guidance lowered ~8% midpoint to $1.025-1.075B.
- Launched TT Transformation Plan targeting ~$100M run-rate cost savings starting 2024.
- Board approved Q3 dividend of $0.25/share; sale of Glycolic Acid business closed for $138M net cash.
- Weakness in TT and APM Advanced Materials driven by macroeconomic environment.

## SEC filing metadata
- accession: 0000950170-23-055626
- form_type: 8-K
- ticker: CC
- cik: 0001627223
- company_name: Chemours Co
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1627223/000095017023055626/0000950170-23-055626-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1627223/000095017023055626/cc-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-055626
- JSON: https://secwatch.observer/filing/0000950170-23-055626.json
- Plain text: https://secwatch.observer/filing/0000950170-23-055626.txt

## Key facts
- Earnings Releases
  Chemours Co reported third quarter 2023 results: revenue $1.5 billion, net income $20 million, EPS $0.13. Guidance lowered.
  - Period: third quarter 2023
  - Revenue: $1.5 billion
  - Net income: $20 million
  - EPS: $0.13
  - Guidance: lowered
  - Result: reported results
  source text: (“APM”), today announced its financial results for the third quarter 2023, and Titanium Technologies Transformation Plan. Third Quarter 2023 Results & Highlights • Net Sales of $1.5 billion • Net Income of $20 million with EPS 1 of $0.13 • Adjusted Net Income 2 of $96 million with Adjusted EPS 2 of $0.63 • Adjusted EBITDA 2 of $247 million and Adjusted Free Cash
  evidence_url: https://www.sec.gov/Archives/edgar/data/1627223/000095017023055626/0000950170-23-055626-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.