secwatch.observer — SEC 8-K summary
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Issuer:     ENVIRI Corp (NVRI)
CIK:        0000045876
Form:       8-K
Filed at:   2022-07-15T23:59:59+00:00
Accession:  0001193125-22-194139
Event type: earnings
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Harsco lowers 2022 Adjusted EBITDA guidance to $210-$220M due to inflation, records $100M goodwill impairment
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- Q2 2022 expected GAAP operating loss of $95M-$97M including ~$100M non-cash goodwill impairment for Clean Earth
- Clean Earth Q2 Adjusted EBITDA expected ~$5M, $12M below prior implied guidance; cost inflation on transportation and logistics
- Company implementing cost reduction and pricing actions expected to deliver >$30M second-half 2022 benefits
- Full-year 2022 Adjusted EBITDA guidance reduced to $210-$220M from $250-$265M; HE $208-$214M, CE $40-$44M
- Rail divestiture process ongoing; company expects to remain in compliance with financial covenants

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/45876/000119312522194139/0001193125-22-194139-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/45876/000119312522194139/d357177d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-194139

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