secwatch.observer — SEC 8-K summary
======================================

Issuer:     AMPCO PITTSBURGH CORP (AP)
CIK:        0000006176
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001193125-21-319488
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ampco-Pittsburgh reports Q3 2021 net sales up 7% to $81.2M but operating loss of $2.4M
--------------------------------------------------------------------------------

- Net sales $81.2M (+7% YoY); 9-month sales $260.4M (+8% YoY).
- Operating loss of $2.4M vs income of $0.2M in Q3 2020; basic loss per share $0.08.
- Forged and Cast backlog up 16% sequentially; price increases being implemented.
- Management cites inflationary cost pressures and under-recovery as primary cause of loss.
- Planned maintenance outages impacted production; capital improvement plan on track.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6176/000119312521319488/0001193125-21-319488-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6176/000119312521319488/d130760d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-319488

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