---
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"
generated_at: "2026-06-13T02:20:54.233931+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Element Solutions Q2 adj EBITDA $116M (-17%), cuts FY guide to $490-500M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001590714-23-000071
- JSON: https://secwatch.observer/filing/0001590714-23-000071.json
- Plain text: https://secwatch.observer/filing/0001590714-23-000071.txt

## Key facts
- Earnings Releases
  Element Solutions Inc reported three and six months ended June 30, 2023 results: revenue $586 million, net income $27 million, EPS $0.11.
  - Period: three and six months ended June 30, 2023
  - Revenue: $586 million
  - Net income: $27 million
  - EPS: $0.11
  - Result: reported results
  source text: (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_url: https://www.sec.gov/Archives/edgar/data/1590714/000159071423000071/0001590714-23-000071-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.