secwatch.observer — SEC 8-K summary
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Issuer:     Orion S.A. (OEC)
CIK:        0001609804
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001609804-24-000024
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orion Q2 net income drops 32% to $20.5M; adjusted EPS $0.41 vs $0.53 YoY
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- Q2 net sales $477M, up $18.2M YoY; net income $20.5M, down $9.6M.
- Diluted EPS $0.35 (down $0.16); adjusted diluted EPS $0.41 (down $0.12).
- Adjusted EBITDA $75.1M, down 14% YoY; H1 adjusted EBITDA $160.4M, down 15%.
- H1 net sales $979.9M, up $20.4M; net income $47.2M, down $25.2M; diluted EPS $0.80.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1609804/000160980424000024/0001609804-24-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1609804/000160980424000024/oec-20240801.htm
  HTML page:      https://secwatch.observer/filing/0001609804-24-000024

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