{"schema_version":"secwatch.filing_event.v1","accession":"0001603923-23-000121","form_type":"8-K","ticker":"WFRD","cik":"0001603923","company_name":"Weatherford International plc","filed_at":"2023-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.517265+00:00","generated_at":"2026-06-13T03:08:31.505021+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Weatherford Q2 revenue $1,274M (+7% seq), net income $82M; raises full-year outlook","bullets":["Revenue $1,274M (+7% sequentially), driven by 12% international revenue growth.","Net income $82M ($10M increase QoQ); net income margin 6.4%.","Adjusted EBITDA $291M (22.8% margin), up 8% sequentially; raised full-year outlook.","Cash from operations $201M; adjusted free cash flow $172M; debt repayments $159M in Q2.","First deployment of Modus MPD system and launch of StringGuard dropped-string prevention tech."],"urls":{"canonical":"https://secwatch.observer/filing/0001603923-23-000121","json":"https://secwatch.observer/filing/0001603923-23-000121.json","markdown":"https://secwatch.observer/filing/0001603923-23-000121.md","text":"https://secwatch.observer/filing/0001603923-23-000121.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1603923/000160392323000121/0001603923-23-000121-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1603923/000160392323000121/wfrd-20230725.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T03:08:31.505021+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":"7c817435ec14513b062afb0dc25e07e3194e8426","claim":"Weatherford International plc reported the second quarter ended June 30, 2023 results: revenue $1,274 million, net income $82 million. Guidance raised.","evidence_excerpt":"News Release Weatherford Announces Second Quarter 2023 Results and Raises Full-Year Outlook • Revenues of $1,274 million increased 7% sequentially, driven by international revenue growth of 12% • Operating income of $201 million increased 9% sequentially • Net income of $82 million increased $10 million sequentially; net income margin of 6.4%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1603923/000160392323000121/0001603923-23-000121-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Revenue","value":"$1,274 million"},{"label":"Net income","value":"$82 million"},{"label":"Guidance","value":"raised"},{"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"}