---
schema_version: "secwatch.filing_event.v1"
accession: "0001185348-24-000006"
form_type: "8-K"
ticker: "PRAA"
cik: "0001185348"
company_name: "PRA GROUP INC"
filed_at: "2024-02-15T23:59:59+00:00"
generated_at: "2026-06-06T00:48:27.926915+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PRA Group Q4 GAAP EPS loss $0.22; full year diluted EPS loss $2.13

## Summary
- Q4 2023: net loss $8.8M, diluted EPS $(0.22); portfolio revenue $217.4M.
- Full year 2023: net loss $83.5M, diluted EPS $(2.13); portfolio purchases $1.2B (+36% YoY).
- Total cash collections Q4 $410.3M, up 4.8% YoY; US collections down, Europe up.
- Operating expenses Q4 up 7.6%; full year interest expense up 39.1% to $181.7M.
- Company addressing US underperformance; expects meaningful profitability in 2024.

## SEC filing metadata
- accession: 0001185348-24-000006
- form_type: 8-K
- ticker: PRAA
- cik: 0001185348
- company_name: PRA GROUP INC
- filed_at: 2024-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1185348/000118534824000006/0001185348-24-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1185348/000118534824000006/praa-20240215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185348-24-000006
- JSON: https://secwatch.observer/filing/0001185348-24-000006.json
- Plain text: https://secwatch.observer/filing/0001185348-24-000006.txt

## Key facts
- Earnings Releases
  PRA GROUP INC reported financial results for the fourth quarter and full year of 2023.
  - Period: the fourth quarter and full year of 2023
  - Result: reported results
  source text: On February 15, 2024, PRA Group, Inc. (the “Company”) issued a press release announcing its fourth quarter and full year 2023 results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1185348/000118534824000006/0001185348-24-000006-index.htm

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