---
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"
generated_at: "2026-06-09T10:43:42.249552+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Element Solutions Q3 net loss $32M, sales down 3%; Graphics Solutions goodwill impaired $80M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001590714-23-000081
- JSON: https://secwatch.observer/filing/0001590714-23-000081.json
- Plain text: https://secwatch.observer/filing/0001590714-23-000081.txt

## Key facts
- Earnings Releases
  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.
  - Period: the three and nine months ended September 30, 2023
  - Revenue: $599 million
  - Net income: Reported net loss was $32 million
  - EPS: GAAP diluted loss per share was $0.13
  - Guidance: reaffirmed
  - Result: reported results
  source text: (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_url: https://www.sec.gov/Archives/edgar/data/1590714/000159071423000081/0001590714-23-000081-index.htm

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