{"schema_version":"secwatch.filing_event.v1","accession":"0001590714-23-000071","form_type":"8-K","ticker":"ESI","cik":"0001590714","company_name":"Element Solutions Inc","filed_at":"2023-07-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.460707+00:00","generated_at":"2026-06-13T02:20:54.233931+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Element Solutions Q2 adj EBITDA $116M (-17%), cuts FY guide to $490-500M","bullets":["Q2 net sales $586M (-13% reported, -6% organic); GAAP EPS $0.11, adj EPS $0.31 vs $0.38.","FY23 adjusted EBITDA guidance reduced to $490-500M; Q3 adj EBITDA guided ~$125M.","Electronics sales -19% to $356M; Industrial & Specialty -2% to $230M.","Terminated ViaForm distribution rights for $200M; expects ~$15M annual adj EBITDA from in-house ops.","Acquired Kuprion for ~$15.9M to add nano-copper technology for semiconductor and circuit board markets."],"urls":{"canonical":"https://secwatch.observer/filing/0001590714-23-000071","json":"https://secwatch.observer/filing/0001590714-23-000071.json","markdown":"https://secwatch.observer/filing/0001590714-23-000071.md","text":"https://secwatch.observer/filing/0001590714-23-000071.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590714/000159071423000071/0001590714-23-000071-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590714/000159071423000071/esi-20230726.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T02:20:54.233931+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":"d6645481ee7a221d42c4ccffd440136cb87eb1f8","claim":"Element Solutions Inc reported three and six months ended June 30, 2023 results: revenue $586 million, net income $27 million, EPS $0.11.","evidence_excerpt":"(EX-99.1 2023.6.30 EARNINGS RELEASE) --- 2023.6.30 EARNINGS RELEASE Document EXHIBIT 99.1 Element Solutions Inc Announces 2023 Second Quarter Financial Results • Net sales of $586 million, a decrease of 13% from the second quarter last year on a reported basis or a decrease of 6% on an organic basis • GAAP diluted EPS of $0.11, compared to $0.25 in the same period","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590714/000159071423000071/0001590714-23-000071-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three and six months ended June 30, 2023"},{"label":"Revenue","value":"$586 million"},{"label":"Net income","value":"$27 million"},{"label":"EPS","value":"$0.11"},{"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"}