{"schema_version":"secwatch.filing_event.v1","accession":"0001968915-24-000012","form_type":"8-K","ticker":"PHIN","cik":"0001968915","company_name":"PHINIA INC.","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.335450+00:00","generated_at":"2026-06-03T08:21:18.384385+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"PHINIA Q1 sales up 3.4% to $863M; adjusted EPS $1.08, reaffirms FY2024 outlook","bullets":["Net sales $863M (+3.4% YoY); adjusted net earnings $1.08 per diluted share vs GAAP $0.62.","Adjusted EBITDA $131M (15.5% margin); adjusted operating income $97M (11.5% margin).","Reaffirmed FY2024: sales $3.42-3.58B, adjusted EBITDA $470-510M, free cash flow $160-200M.","Issued $525M senior secured notes; repaid Term Loan B and revolver balance in early April.","Returned $35M to shareholders: $12M dividends and $23M share repurchases in Q1."],"urls":{"canonical":"https://secwatch.observer/filing/0001968915-24-000012","json":"https://secwatch.observer/filing/0001968915-24-000012.json","markdown":"https://secwatch.observer/filing/0001968915-24-000012.md","text":"https://secwatch.observer/filing/0001968915-24-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1968915/000196891524000012/0001968915-24-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1968915/000196891524000012/phin-20240425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T08:21:18.384385+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":"dcb12e614d255d3b6bae7c6880e51eb121b5ca98","claim":"PHINIA INC. reported the first quarter ended March 31, 2024 results: revenue $863 million, net income $29 million, EPS $0.62 per diluted share. Guidance reaffirmed.","evidence_excerpt":"PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the first quarter ended March 31, 2024. First Quarter Highlights: • U.S. GAAP net sales of $863 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1968915/000196891524000012/0001968915-24-000012-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$863 million"},{"label":"Net income","value":"$29 million"},{"label":"EPS","value":"$0.62 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}