{"schema_version":"secwatch.filing_event.v1","accession":"0001590714-23-000081","form_type":"8-K","ticker":"ESI","cik":"0001590714","company_name":"Element Solutions Inc","filed_at":"2023-10-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.672229+00:00","generated_at":"2026-06-09T10:43:42.249552+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Element Solutions Q3 net loss $32M, sales down 3%; Graphics Solutions goodwill impaired $80M","bullets":["Net sales $599M, down 3% YoY (organic -3%); Electronics -6%, Industrial & Specialty +1%.","GAAP diluted loss per share $0.13 (incl. $0.33 impairment hit); Adjusted EPS $0.36 flat YoY.","Adjusted EBITDA $134M, up 2% constant currency; margin +80bps to 22.4%.","FY 2023 guidance: adj EBITDA ~$485M, adj EPS ~$1.30, free cash flow ~$265M.","Q3 operating cash flow $87M, free cash flow $75M; expects leverage below 3.5x by year-end."],"urls":{"canonical":"https://secwatch.observer/filing/0001590714-23-000081","json":"https://secwatch.observer/filing/0001590714-23-000081.json","markdown":"https://secwatch.observer/filing/0001590714-23-000081.md","text":"https://secwatch.observer/filing/0001590714-23-000081.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590714/000159071423000081/0001590714-23-000081-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590714/000159071423000081/esi-20231025.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T10:43:42.249552+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":"6e75f5d36efe2cd41ae715ba368ff9da62aab15d","claim":"Element Solutions Inc reported the three and nine months ended September 30, 2023 results: revenue $599 million, net income Reported net loss was $32 million, EPS GAAP diluted loss per share was $0.13. Guidance reaffirmed.","evidence_excerpt":"(EX-99.1 2023.9.30 EARNINGS RELEASE) --- 2023.9.30 EARNINGS RELEASE Document EXHIBIT 99.1 Element Solutions Inc Announces 2023 Third Quarter Financial Results • Net sales of $599 million, a decrease of 3% from the third quarter last year on a reported basis and organic basis • GAAP diluted loss per share of $0.13, inclusive of a $0.33 negative impact from","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590714/000159071423000081/0001590714-23-000081-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three and nine months ended September 30, 2023"},{"label":"Revenue","value":"$599 million"},{"label":"Net income","value":"Reported net loss was $32 million"},{"label":"EPS","value":"GAAP diluted loss per share was $0.13"},{"label":"Guidance","value":"reaffirmed"},{"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"}