---
schema_version: "secwatch.filing_event.v1"
accession: "0001609804-23-000036"
form_type: "8-K"
ticker: "OEC"
cik: "0001609804"
company_name: "Orion S.A."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T00:25:28.883102+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Orion S.A. Q3 2023 net income $26.2M, down $5.6M YoY; adjusted EBITDA $77.3M, down 4%

## Summary
- Q3 net sales $466.2M, down $76.9M; diluted EPS $0.44 vs $0.52 prior-year period.
- Adjusted diluted EPS $0.49, down $0.08; adjusted EBITDA $77.3M, down 4% YoY.
- Nine-month net sales $1,425.7M, down $143.1M; net income $98.6M, up $4.6M.
- Nine-month record adjusted EBITDA $265.7M, up 8%; record diluted EPS $1.65, up $0.12.

## SEC filing metadata
- accession: 0001609804-23-000036
- form_type: 8-K
- ticker: OEC
- cik: 0001609804
- company_name: Orion S.A.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1609804/000160980423000036/0001609804-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1609804/000160980423000036/oec-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001609804-23-000036
- JSON: https://secwatch.observer/filing/0001609804-23-000036.json
- Plain text: https://secwatch.observer/filing/0001609804-23-000036.txt

## Key facts
- Earnings Releases
  Orion S.A. reported Nine Months Ended September 30, 2023 results: revenue Net sales of $1,425.7 million, net income Net income of $98.6 million, EPS Record Diluted EPS of $1.65.
  - Period: Nine Months Ended September 30, 2023
  - Revenue: Net sales of $1,425.7 million
  - Net income: Net income of $98.6 million
  - EPS: Record Diluted EPS of $1.65
  - Result: reported results
  source text: Nine Months 2023 Highlights • Net sales of $1,425.7 million, down $143.1 million, year over year • Net income of $98.6 million, up $4.6 million, year over year • Record Diluted EPS of $1.65, up $0.12, year over year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1609804/000160980423000036/0001609804-23-000036-index.htm
- Earnings Releases
  Orion S.A. reported Three Months Ended September 30, 2023 results: revenue Net sales of $466.2 million, net income Net income of $26.2 million, EPS Diluted EPS of $0.44.
  - Period: Three Months Ended September 30, 2023
  - Revenue: Net sales of $466.2 million
  - Net income: Net income of $26.2 million
  - EPS: Diluted EPS of $0.44
  - Result: reported results
  source text: Third Quarter 2023 Highlights • Net sales of $466.2 million, down $76.9 million, year over year • Net income of $26.2 million, down $5.6 million, year over year • Diluted EPS of $0.44, down $0.08, year over year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1609804/000160980423000036/0001609804-23-000036-index.htm

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