{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-025462","form_type":"8-K","ticker":"FRD","cik":"0000039092","company_name":"FRIEDMAN INDUSTRIES INC","filed_at":"2025-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.091707+00:00","generated_at":"2026-05-17T18:34:40.984249+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Friedman Industries Q1 net earnings rise to $5.0M, sales up 18% YoY","bullets":["Net earnings $5.0M ($0.71 diluted EPS) vs $2.6M ($0.37) in prior year.","Sales $134.8M, +18% YoY; tons sold 141,500 (excl. toll), +12% YoY.","Flat-roll segment earnings from ops $8.8M (vs $2.7M); tubular swings to $1.3M profit from ($1.2M) loss.","Operating cash flow $15.5M; debt reduced $14.7M; working capital $117.5M.","Outlook: slightly higher Q2 volume but lower margins due to softening HRC prices."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-025462","json":"https://secwatch.observer/filing/0001437749-25-025462.json","markdown":"https://secwatch.observer/filing/0001437749-25-025462.md","text":"https://secwatch.observer/filing/0001437749-25-025462.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39092/000143774925025462/0001437749-25-025462-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39092/000143774925025462/frd20250807_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T18:34:40.984249+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"}