secwatch.observer — SEC 8-K summary
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Issuer:     Enpro Inc. (NPO)
CIK:        0001164863
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0001164863-23-000009
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EnPro Q4 GAAP loss $57.5M on $65.2M goodwill impairment; adj. EPS $1.47, up 48.5%; dividend raised 4%
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- Q4 sales $271.9M (+27.8% YoY); organic sales +14.8%; full-year sales $1.10B (+30.8%).
- Q4 GAAP loss from continuing ops $57.5M ($2.76 loss per share) due to $65.2M Alluxa goodwill impairment; adj. diluted EPS $1.47 (+48.5%).
- Full-year adj. EBITDA $257.4M (+58.5%); margin 23.4% (+410 bps); 2023 guidance: adj. EBITDA $248-260M, adj. EPS $6.45-7.05.
- Quarterly dividend raised 4% to $0.29/share, payable March 15, 2023 to holders of record March 1, 2023.
- Completed GGB divestiture for $305M in Nov 2022; GPT divestiture closed Jan 2023; net leverage 1.8x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1164863/000116486323000009/0001164863-23-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1164863/000116486323000009/npo-20230221.htm
  HTML page:      https://secwatch.observer/filing/0001164863-23-000009

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