{"schema_version":"secwatch.filing_event.v1","accession":"0001968915-24-000035","form_type":"8-K","ticker":"PHIN","cik":"0001968915","company_name":"PHINIA INC.","filed_at":"2024-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.465850+00:00","generated_at":"2026-05-30T07:42:00.837241+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"PHINIA Q3 net sales down 6.4%; adjusted EBITDA margin up 90 bps; lowers FY2024 sales guidance","bullets":["Q3 net sales $839M (-6.4% YoY); adjusted sales ex-contract mfg $838M (-3.7% YoY). Net income $31M vs $1M loss in Q3 2023.","Adj. EBITDA $120M (14.3% margin, +90bps YoY); adj. EPS $1.17. Operating income $66M (7.9% margin, +280bps YoY).","FY2024 guidance lowered: net sales $3.36-3.41B; adj. EBITDA $470-490M (14.1-14.5% margin); adj. FCF $160-200M.","Board increased share repurchase authorization by $250M to $400M; $75M repurchased in Q3, $188M remaining.","Issued $450M of 6.625% senior notes due 2032; proceeds used to repay Term Loan A facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001968915-24-000035","json":"https://secwatch.observer/filing/0001968915-24-000035.json","markdown":"https://secwatch.observer/filing/0001968915-24-000035.md","text":"https://secwatch.observer/filing/0001968915-24-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1968915/000196891524000035/0001968915-24-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1968915/000196891524000035/phin-20241031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T07:42:00.837241+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}