{"schema_version":"secwatch.filing_event.v1","accession":"0001006837-24-000121","form_type":"8-K","ticker":"VATE","cik":"0001006837","company_name":"INNOVATE Corp.","filed_at":"2024-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.856048+00:00","generated_at":"2026-05-31T11:32:40.559731+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"INNOVATE Q2 net income $14.1M vs loss $10.5M YoY; revenue $313M (-15%), adj. EBITDA $26.7M","bullets":["Revenue $313.1M (-15.1% YoY); net income $14.1M vs loss $10.5M; diluted EPS $0.10 vs ($0.13).","Infrastructure: DBM Global revenue $305.2M (-15.8%) but net income $21.0M (vs $7.0M); adj. EBITDA $32.5M; gross margin expanded 650 bps to 20.2%.","Life Sciences: R2 Glacial system record North America sales, 200% increase YoY; MediBeacon continues FDA kidney monitoring review.","Spectrum: Broadcasting revenue $6.2M (+8.8%), adj. EBITDA $1.5M (vs $0.8M); launched third network Defy.","Board approved 1-for-10 reverse stock split, effective August 9, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001006837-24-000121","json":"https://secwatch.observer/filing/0001006837-24-000121.json","markdown":"https://secwatch.observer/filing/0001006837-24-000121.md","text":"https://secwatch.observer/filing/0001006837-24-000121.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1006837/000100683724000121/0001006837-24-000121-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1006837/000100683724000121/hchc-20240807.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T11:32:40.559731+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}