secwatch.observer — SEC 8-K summary
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Issuer:     Ingersoll Rand Inc. (IR)
CIK:        0001699150
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001628280-22-012318
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ingersoll Rand Q1 2022: record orders $1.63B (+25%), revenue $1.34B (+18%), raises guidance
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- Reported net income $104M ($0.25 EPS) vs prior-year net loss $90M; adjusted EPS $0.49.
- Adjusted EBITDA $304M (22.7% margin); raising FY 2022 Adjusted EBITDA to $1,385-1,425M.
- Organic revenue growth guidance raised to 8-10% (from 7-9%); total revenue growth reaffirmed 11-13%.
- ITS segment orders +24%, revenue +14%; PST segment orders +31%, revenue +38%.
- Acquired Jorc for €27M; repurchased 2.1M shares for $101M; liquidity $3.1B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1699150/000162828022012318/0001628280-22-012318-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1699150/000162828022012318/iri-20220504.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-012318

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