---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-023512"
form_type: "8-K"
ticker: "ASRT"
cik: "0001808665"
company_name: "Assertio Holdings, Inc."
filed_at: "2023-02-21T23:59:59+00:00"
generated_at: "2026-06-19T07:13:35.137914+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Assertio preliminary Q4 2022 net product sales $49-50M (+54% YoY); net income $88-89M on tax benefit

## Summary
- Full-year 2022 net product sales $154-155M (+41% YoY); adjusted EBITDA $101-102M.
- Q4 2022 diluted EPS $1.32-1.33; adjusted EPS $0.31-0.32.
- Cash from operations Q4 $26-27M, full year $78-79M; cash balance $64.9M at year end.
- GAAP net income boosted by ~$80M tax benefit from reversal of deferred tax asset valuation allowance.
- Company to provide initial 2023 outlook on March 8, 2023 earnings call.

## SEC filing metadata
- accession: 0001104659-23-023512
- form_type: 8-K
- ticker: ASRT
- cik: 0001808665
- company_name: Assertio Holdings, Inc.
- filed_at: 2023-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1808665/000110465923023512/0001104659-23-023512-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1808665/000110465923023512/tm237305d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-023512
- JSON: https://secwatch.observer/filing/0001104659-23-023512.json
- Plain text: https://secwatch.observer/filing/0001104659-23-023512.txt

## Key facts
- Earnings Releases
  Assertio Holdings, Inc. reported fourth quarter and full year 2022 ended December 31, 2022 results: revenue $49.0 to $50.0, net income $88.0 to $89.0, EPS $1.32 to $1.33.
  - Period: fourth quarter and full year 2022 ended December 31, 2022
  - Revenue: $49.0 to $50.0
  - Net income: $88.0 to $89.0
  - EPS: $1.32 to $1.33
  - Result: preliminary results
  source text: and full year 2022 financial results are approximately as follows: (All amounts in $ millions other than per share amounts) Fourth Quarter 2022 Full Year 2022 Net Product Sales $49.0 to $50.0 $154.0 to $155.0 Total Operating Costs and Expenses $39.5 to $40.5 $116.5 to $117.5 Income Tax Benefit 1 $78.0 to $80.0 $78.0 to $80.0 Net Income $88.0 to $89.0 $109.0 to
  evidence_url: https://www.sec.gov/Archives/edgar/data/1808665/000110465923023512/0001104659-23-023512-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.