secwatch.observer — SEC 8-K summary
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Issuer:     Assertio Holdings, Inc. (ASRT)
CIK:        0001808665
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0001104659-23-023512
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1808665/000110465923023512/0001104659-23-023512-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1808665/000110465923023512/tm237305d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-023512

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer