secwatch.observer — SEC 8-K summary
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Issuer:     AMPCO PITTSBURGH CORP (AP)
CIK:        0000006176
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0000950170-23-063102
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ampco-Pittsburgh Q3 net income $0.8M ($0.04 EPS); operating income up to $1.7M
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- Net sales $102.2M in Q3 2023, up 2.6% YoY from $99.6M.
- Operating income improved to $1.7M from $0.2M YoY, driven by pricing and Air & Liquid segment growth.
- EPS of $0.04 for Q3 2023 vs $0.06 YoY; net income $0.8M vs $1.1M prior year.
- Air & Liquid Processing sales up 18% for Q3; backlog at record levels.
- Forged & Cast segment sales slipped; equipment modernization on track for Q4 completion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6176/000095017023063102/0000950170-23-063102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6176/000095017023063102/ap-20231113.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-063102

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