secwatch.observer — SEC 8-K summary
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Issuer:     Orion S.A. (OEC)
CIK:        0001609804
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001609804-24-000017
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1609804/000160980424000017/0001609804-24-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1609804/000160980424000017/oec-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001609804-24-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer