{"schema_version":"secwatch.filing_event.v1","accession":"0001653477-24-000006","form_type":"8-K","ticker":"NGVT","cik":"0001653477","company_name":"Ingevity Corp","filed_at":"2024-02-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.988758+00:00","generated_at":"2026-06-05T22:07:44.907064+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Ingevity Q4 net loss of $116.8M includes $107.5M restructuring; FY2024 sales guidance $1.40-1.55B","bullets":["Q4 net sales $371.7M (-3.1% YoY); net loss $116.8M, diluted loss per share $3.23.","Restructuring charges of $107.5M driven by shutdown of DeRidder, LA CTO refinery completed early Feb 2024.","Adjusted EPS $0.21; adjusted EBITDA $61.8M (16.6% margin).","Full-year 2023 net sales $1.69B (+1.4% YoY); net loss $5.4M; adjusted EPS $3.94.","FY2024 guidance: sales $1.40-1.55B; adjusted EBITDA $365-390M."],"urls":{"canonical":"https://secwatch.observer/filing/0001653477-24-000006","json":"https://secwatch.observer/filing/0001653477-24-000006.json","markdown":"https://secwatch.observer/filing/0001653477-24-000006.md","text":"https://secwatch.observer/filing/0001653477-24-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1653477/000165347724000006/0001653477-24-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1653477/000165347724000006/ngvt-20240221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T22:07:44.907064+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"48c821b01c005d4f381390e783eb8182a0ffba4f","claim":"Ingevity Corp reported the three months ended December 31, 2023 results: revenue $371.7 million, net income Net loss of $116.8 million and diluted loss per share of $3.23, EPS diluted loss per share of $3.23. Guidance initiated.","evidence_excerpt":"843-740-2002 investors@ingevity.com Ingevity reports fourth quarter and full year 2023 financial results Fourth Quarter (comparisons versus prior year period): • Net sales of $371.7 million decreased 3.1% • Net loss of $116.8 million and diluted loss per share of $3.23, including restructuring charges of $107.5 million; adjusted earnings of $7.8 million and diluted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1653477/000165347724000006/0001653477-24-000006-index.htm","confidence":0.92,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended December 31, 2023"},{"label":"Revenue","value":"$371.7 million"},{"label":"Net income","value":"Net loss of $116.8 million and diluted loss per share of $3.23"},{"label":"EPS","value":"diluted loss per share of $3.23"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"5a1b1b7fbbbc9d4ef65d1de42e71f2b952648ffb","claim":"Ingevity Corp reported the twelve months ended December 31, 2023 results: revenue $1.69 billion, net income Net loss of $5.4 million and diluted loss per share of $0.15, EPS diluted loss per share of $0.15. Guidance initiated.","evidence_excerpt":"assets to be shut down during the first half of the year • Implemented significant cost savings actions Full Year (comparisons versus prior year period): • Net sales of $1.69 billion increased 1.4% • Net loss of $5.4 million and diluted loss per share of $0.15, including restructuring charges of $145.3 million; adjusted earnings of $144.7 million and diluted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1653477/000165347724000006/0001653477-24-000006-index.htm","confidence":0.92,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the twelve months ended December 31, 2023"},{"label":"Revenue","value":"$1.69 billion"},{"label":"Net income","value":"Net loss of $5.4 million and diluted loss per share of $0.15"},{"label":"EPS","value":"diluted loss per share of $0.15"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}