{"schema_version":"secwatch.filing_event.v1","accession":"0001320461-23-000075","form_type":"8-K","ticker":"CPS","cik":"0001320461","company_name":"Cooper-Standard Holdings Inc.","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.370636+00:00","generated_at":"2026-06-15T21:01:20.537936+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Cooper-Standard Q1 sales up 11% to $682.5M; net loss widens to $130.4M on $81.9M debt refinancing charge","bullets":["Sales $682.5M (+11.3% YoY) driven by volume/mix and inflation recovery; gross profit up 94% to $41.8M.","Net loss $130.4M ($7.57/sh) includes $81.9M loss on debt refinancing; adjusted net loss $46.2M ($2.68/sh).","Adjusted EBITDA $12.5M vs $0.1M YoY; margin improved ~180 bps on volume, price adjustments, and lean savings.","Quarter-end cash $105.8M; total liquidity $254.8M. Expects further inflation recovery and price adjustments.","Secured ~$18M in net new annualized EV platform awards during Q1 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001320461-23-000075","json":"https://secwatch.observer/filing/0001320461-23-000075.json","markdown":"https://secwatch.observer/filing/0001320461-23-000075.md","text":"https://secwatch.observer/filing/0001320461-23-000075.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1320461/000132046123000075/0001320461-23-000075-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1320461/000132046123000075/cps-20230503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T21:01:20.537936+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2c0502305d246c4f65a056e6e0ed3ae62eec1c47","claim":"Cooper-Standard Holdings Inc. reported the first quarter ended March 31, 2023 results: revenue $682.5 million, net income $(130.4) million, EPS $(7.57) per diluted share.","evidence_excerpt":"Cooper-Standard Holdings Inc. (NYSE: CPS) today reported results for the first quarter 2023. First Quarter 2023 Summary • Sales totaled $682.5 million, an increase of 11.3% compared to first quarter 2022 • Gross profit of $41.8 million, an increase of 94.2% compared to first quarter 2022 • Net loss of $130.4 million or $(7.57) per diluted share included $81.9 million loss on refinancing and extinguishment of debt","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1320461/000132046123000075/0001320461-23-000075-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$682.5 million"},{"label":"Net income","value":"$(130.4) million"},{"label":"EPS","value":"$(7.57) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}