secwatch.observer — SEC 8-K summary
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Issuer:     FLOWSERVE CORP (FLS)
CIK:        0000030625
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0001157523-23-001207
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flowserve Q2 adjusted EPS $0.52 beats; raises FY2023 revenue and EPS guidance
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- Reported EPS $0.39 vs $0.34 YoY; adjusted EPS $0.52 vs $0.30, up 73% YoY.
- Revenue $1.08B (+22.5% YoY); aftermarket bookings +12.3%; backlog $2.84B up 22.8%.
- Raises FY2023 revenue growth to 16-18% (from 10-12%) and adjusted EPS to $1.85-$2.00.
- Adjusted operating margin 10.4%, +320 bps YoY; operating cash flow +$122M YTD.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/30625/000115752323001207/0001157523-23-001207-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/30625/000115752323001207/a53497157.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-001207

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