secwatch.observer — SEC 8-K summary
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Issuer:     QUAKER CHEMICAL CORP (KWR)
CIK:        0000081362
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001104659-22-056500
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quaker Houghton Q1 net sales record $474.2M, but EPS down 48% to $1.11; adj. EBITDA falls 22%
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- Record net sales of $474.2M, up 10% YoY; selling prices rose 17% but organic volumes fell 6%.
- GAAP EPS $1.11 vs $2.15 prior year; non-GAAP EPS $1.42 vs $2.11.
- Adjusted EBITDA $60.4M, down 22% vs $77.1M in Q1 2021, due to raw material cost pressures.
- Net operating cash outflow $6.3M; net debt/EBITDA leverage increased to 3.0x from 2.7x.
- Completed two small acquisitions for aggregate ~$9.4M in Q1; no guidance provided.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/81362/000110465922056500/0001104659-22-056500-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/81362/000110465922056500/tm2214563d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-056500

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