secwatch.observer — SEC 8-K summary
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Issuer:     Orion S.A. (OEC)
CIK:        0001609804
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001609804-24-000032
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orion S.A. Q3 net loss $20.2M; adjusted EBITDA $80.1M (+4% YoY) on misappropriation charge
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- Net sales $463.4M, down $2.8M YoY; net loss $20.2M (diluted loss $0.35) vs net income $26.2M in Q3 2023.
- Adjusted EBITDA $80.1M, up 4% YoY; adjusted diluted EPS $0.47, down $0.02 YoY.
- Q3 results include $42.5M pre-tax loss from asset misappropriation (net of tax), a ($0.72) per share impact.
- Nine-month 2024 net sales $1,443.3M (+$17.6M); net income $27.0M; adjusted EBITDA $240.5M (-10%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1609804/000160980424000032/0001609804-24-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1609804/000160980424000032/oec-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001609804-24-000032

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