secwatch.observer — SEC 8-K summary
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Issuer:     FLOWSERVE CORP (FLS)
CIK:        0000030625
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0001157523-23-000318
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flowserve Q4 2022: Adj EPS $0.63, bookings up 14.2% to $1.11B; reaffirms 2023 guidance
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- Q4 reported EPS $0.92, adjusted EPS $0.63; full-year reported EPS $1.44, adjusted EPS $1.10.
- Q4 bookings $1.11B (+14.2% YoY); full-year bookings $4.45B (+17.8% YoY).
- Backlog at Dec 31, 2022: $2.74B, up 36.5% YoY, near-record level.
- 2023 guidance: revenue growth 9-11%, adjusted EPS $1.50-$1.75; excludes Velan acquisition.
- Velan acquisition expected to close by end of Q2 2023, enhancing FCD valve portfolio.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/30625/000115752323000318/0001157523-23-000318-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/30625/000115752323000318/a53334810.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-000318

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