{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-003173","form_type":"8-K","ticker":"FRD","cik":"0000039092","company_name":"FRIEDMAN INDUSTRIES INC","filed_at":"2025-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.004904+00:00","generated_at":"2026-05-27T01:09:04.305814+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Friedman Industries Q3 net loss of $1.2M vs. year-ago profit; sales down 19%","bullets":["Net loss of $1.2M ($0.17 diluted loss per share) versus net income of $1.2M ($0.16 diluted EPS) a year ago.","Sales fell 19% YoY to $94.1M from $116.0M, with flat-roll segment avg selling price dropping to $813/ton from $960/ton.","Flat-roll operating profit plunged to $1.3M from $8.7M; tubular segment posted a $0.2M operating loss.","Quarter-end sales backlog volume 11% higher than prior year; debt reduced 9% during the quarter.","Company expects Q4 sales volume to exceed Q3 and margins to improve, citing stronger order activity after election."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-003173","json":"https://secwatch.observer/filing/0001437749-25-003173.json","markdown":"https://secwatch.observer/filing/0001437749-25-003173.md","text":"https://secwatch.observer/filing/0001437749-25-003173.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39092/000143774925003173/0001437749-25-003173-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39092/000143774925003173/frd20250207_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T01:09:04.305814+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}