---
schema_version: "secwatch.filing_event.v1"
accession: "0001609804-24-000017"
form_type: "8-K"
ticker: "OEC"
cik: "0001609804"
company_name: "Orion S.A."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:32:58.534520+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Orion S.A. Q1 net income falls 37% to $26.7M; adjusted EBITDA down 16%

## Summary
- Net sales $502.9M, up $2.2M (0.4%) year over year.
- GAAP net income $26.7M ($0.45 diluted EPS) vs $42.3M ($0.70) in Q1 2023.
- Adjusted EBITDA $85.3M, down 16% from $101.6M a year ago.
- Adjusted diluted EPS $0.52, down $0.22 from $0.74 in prior-year quarter.
- Earnings call scheduled for May 3, 2024.

## SEC filing metadata
- accession: 0001609804-24-000017
- form_type: 8-K
- ticker: OEC
- cik: 0001609804
- company_name: Orion S.A.
- filed_at: 2024-05-02T23:59:59+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/1609804/000160980424000017/0001609804-24-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1609804/000160980424000017/oec-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001609804-24-000017
- JSON: https://secwatch.observer/filing/0001609804-24-000017.json
- Plain text: https://secwatch.observer/filing/0001609804-24-000017.txt

## Key facts
- Earnings Releases
  Orion S.A. reported first quarter 2024 results: revenue $502.9 million, net income $26.7 million, EPS $0.45.
  - Period: first quarter 2024
  - Revenue: $502.9 million
  - Net income: $26.7 million
  - EPS: $0.45
  - Result: reported results
  source text: Net sales of $502.9 million, up $2.2 million, year over year • Net income of $26.7 million, down $15.6 million, year over year • Diluted EPS of $0.45, down $0.25, year over year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1609804/000160980424000017/0001609804-24-000017-index.htm

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