{"schema_version":"secwatch.filing_event.v1","accession":"0001395942-22-000055","form_type":"8-K","ticker":"OPLN","cik":"0001395942","company_name":"OPENLANE, Inc.","filed_at":"2022-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:55.601286+00:00","generated_at":"2026-06-24T05:48:02.598481+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"KAR Q2 revenue $384.2M, loss $0.10/sh; cuts FY22 Adj EBITDA guidance to $245-265M","bullets":["Revenue from continuing ops $384.2M (+2% YoY); loss from continuing ops $5.4M ($0.10 diluted loss per share).","Adjusted EBITDA from continuing ops $56.1M vs $62.1M a year ago; marketplace conversion rate fell to 36% from 48%.","FY2022 Adjusted EBITDA guidance lowered to $245-265M from prior range, citing conversion pressure if no price equilibrium.","Company commenced tender offer to purchase up to $600M of its 5.125% Senior Notes due 2025.","Repurchased $82M of common stock in Q2; had over $800M cash at June 30."],"urls":{"canonical":"https://secwatch.observer/filing/0001395942-22-000055","json":"https://secwatch.observer/filing/0001395942-22-000055.json","markdown":"https://secwatch.observer/filing/0001395942-22-000055.md","text":"https://secwatch.observer/filing/0001395942-22-000055.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1395942/000139594222000055/0001395942-22-000055-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1395942/000139594222000055/kar-20220802.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T05:48:02.598481+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"}