{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-008958","form_type":"8-K","ticker":"ASH","cik":"0001674862","company_name":"ASHLAND INC.","filed_at":"2024-01-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.068995+00:00","generated_at":"2026-06-06T15:04:24.184290+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Ashland Q1 sales down 10% YoY to $473M; adj. EBITDA falls 35% to $70M","bullets":["Net income from continuing ops $28M ($0.54 diluted EPS) vs $42M ($0.76) a year ago; adjusted EPS excl. intangibles $0.45 vs $0.97.","Sales $473M, down 10% YoY; adjusted EBITDA $70M, down 35% from $108M, above prior outlook range.","Operating cash flow $201M; ongoing free cash flow $66M vs negative $21M a year ago, helped by inventory reduction.","Repurchased 1.2M shares for $100M in Q1; $900M remaining under evergreen buyback authorization."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-008958","json":"https://secwatch.observer/filing/0000950170-24-008958.json","markdown":"https://secwatch.observer/filing/0000950170-24-008958.md","text":"https://secwatch.observer/filing/0000950170-24-008958.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1674862/000095017024008958/0000950170-24-008958-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1674862/000095017024008958/ash-20240130.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T15:04:24.184290+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":"846067248d3b2181557b0c53ecb29363c906fdd8","claim":"ASHLAND INC. reported first quarter of fiscal year 2024, which ended December 31, 2023 results: revenue $473 million, net income $26 million, EPS $0.51 per diluted share.","evidence_excerpt":"(EX-99.1) --- EX-99.1 Exhibit 99.1 Ashland reports financial results 1 for first quarter fiscal 2024; issues outlook for second quarter and full-year fiscal 2024 • Sales of $473 million, down 10 percent from the prior-year quarter • Net income (including discontinued operations) of $26 million, or $0.51 per diluted share • Income from continuing operations of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1674862/000095017024008958/0000950170-24-008958-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of fiscal year 2024, which ended December 31, 2023"},{"label":"Revenue","value":"$473 million"},{"label":"Net income","value":"$26 million"},{"label":"EPS","value":"$0.51 per diluted share"},{"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"}