secwatch.observer — SEC 8-K summary
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Issuer:     AMPCO PITTSBURGH CORP (AP)
CIK:        0000006176
Form:       8-K
Filed at:   2022-05-09T23:59:59+00:00
Accession:  0001193125-22-145034
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ampco-Pittsburgh Q1 2022 net income $1.6M, sales up 9%, backlog up 36%
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- Net income $1.6M ($0.08 diluted EPS) vs $0.2M ($0.01) a year ago.
- Net sales $94.4M, +9% YoY, driven by Forged & Cast segment pricing and surcharges.
- Backlog grew 36% vs prior year and 12% vs prior quarter.
- Implemented price increases and expanded surcharge coverage for raw materials, energy, transportation.
- Supply chain issues impacted Air & Liquid Processing segment sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6176/000119312522145034/0001193125-22-145034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6176/000119312522145034/d259155d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-145034

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