{"schema_version":"secwatch.filing_event.v1","accession":"0000791963-23-000035","form_type":"8-K","ticker":"OPY","cik":"0000791963","company_name":"OPPENHEIMER HOLDINGS INC","filed_at":"2023-07-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.659714+00:00","generated_at":"2026-06-12T23:26:31.037454+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":"Oppenheimer Q2 net loss $9.4M on legal reserve; revenue up 29%","bullets":["Net loss $9.4M ($0.85) vs loss $3.9M ($0.32) YoY; revenue $306.2M (+29.1%).","Non-comp expenses surged 100% to $130.7M, driven by accrual of a significant legal reserve.","Private Client revenue +39% to $201.2M; sweep income +197% and margin interest +116%.","Capital Markets revenue +12% to $79.6M; advisory fees +32%, fixed income trading +37%.","Repurchased 96,135 shares in Q2; Dutch auction tender for 437,183 shares at $40/share completed July."],"urls":{"canonical":"https://secwatch.observer/filing/0000791963-23-000035","json":"https://secwatch.observer/filing/0000791963-23-000035.json","markdown":"https://secwatch.observer/filing/0000791963-23-000035.md","text":"https://secwatch.observer/filing/0000791963-23-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/791963/000079196323000035/0000791963-23-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/791963/000079196323000035/opy-20230728.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T23:26:31.037454+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":"a81224d333d7ab59d97f932c6fc147a44982b400","claim":"OPPENHEIMER HOLDINGS INC reported second quarter of 2023 results: revenue $306.2 million, net income $9.4 million, EPS $(0.85) per share.","evidence_excerpt":"Oppenheimer Holdings Inc. (NYSE: OPY) (the \"Company\" or \"Firm\") today reported a net loss of $9.4 million or $(0.85) per share for the second quarter of 2023, compared with a net loss of $3.9 million or $(0.32) per share for the second quarter of 2022. Revenue for the second quarter of 2023 was $306.2 million, an increase of 29.1%, compared to revenue of $237.2 million for the second quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/791963/000079196323000035/0000791963-23-000035-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of 2023"},{"label":"Revenue","value":"$306.2 million"},{"label":"Net income","value":"$9.4 million"},{"label":"EPS","value":"$(0.85) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}