secwatch.observer — SEC 8-K summary
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Issuer:     Ingersoll Rand Inc. (IR)
CIK:        0001699150
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001628280-22-020641
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ingersoll Rand reports record Q2 orders and revenue; raises FY2022 organic growth guidance to 11-13%
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- Q2 net income $139M ($0.34/sh); adjusted net income $223M ($0.54/sh).
- Record Q2 orders $1,599M (+10% reported, +9% organic); revenue $1,440M (+13% reported and organic).
- Adjusted EBITDA $335M (23.3% margin, 27% incremental margin); free cash flow $165M.
- Raising FY2022 organic revenue growth to 11-13% (from 8-10%); Adjusted EBITDA guidance $1,395-1,425M.
- Announced three bolt-on acquisitions (Hanye, Holtec, Hydro Prokav) and repurchased 3.5M shares for $153M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1699150/000162828022020641/0001628280-22-020641-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1699150/000162828022020641/iri-20220803.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-020641

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