secwatch.observer — SEC 8-K summary
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Issuer:     AMPCO PITTSBURGH CORP (AP)
CIK:        0000006176
Form:       8-K
Filed at:   2024-08-12T23:59:59+00:00
Accession:  0000950170-24-095536
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ampco-Pittsburgh Q2 net income $2.0M ($0.10 EPS); sales $111M (+3.5% YoY); op income up 53%
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- Q2 net sales $111.0M, up 3.5% from $107.2M YoY.
- Operating income $5.0M (+53% YoY) despite absence of $1.9M foreign energy credit.
- Air and Liquid Processing sales up 19% YoY; Forged and Cast Engineered sales down slightly but pricing improved.
- Net income $2.0M ($0.10 diluted EPS) vs $0.4M ($0.02) in prior year.
- CEO cites sequential improvement at high end of guidance; European cast roll business still weak.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6176/000095017024095536/0000950170-24-095536-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6176/000095017024095536/ap-20240812.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-095536

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