{"schema_version":"secwatch.filing_event.v1","accession":"0001395942-22-000066","form_type":"8-K","ticker":"OPLN","cik":"0001395942","company_name":"OPENLANE, Inc.","filed_at":"2022-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.433414+00:00","generated_at":"2026-06-22T17:45:18.297889+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"KAR Q3 revenue $393M (+13% YoY); adjusted EBITDA $69.5M; repurchases $600M in debt","bullets":["Revenue $393.0M (+13% YoY); income from continuing ops $0.5M vs loss of $26.9M in Q3 2021.","Adjusted EBITDA $69.5M vs $66.6M; Marketplace gross profit per vehicle up 14% to $320.","Repurchased $600M of senior notes; bought $50M of stock in Q3 and $50M more in Oct at ~$12.79/sh.","Finance segment income from cont ops $36.3M vs $23.0M, driven by 16% higher revenue per loan.","Vehicles sold down 12% to 314,000; commercial -17%, dealer consignment -6%."],"urls":{"canonical":"https://secwatch.observer/filing/0001395942-22-000066","json":"https://secwatch.observer/filing/0001395942-22-000066.json","markdown":"https://secwatch.observer/filing/0001395942-22-000066.md","text":"https://secwatch.observer/filing/0001395942-22-000066.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1395942/000139594222000066/0001395942-22-000066-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1395942/000139594222000066/kar-20221101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T17:45:18.297889+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":"a301d11dd6337ff6246e2e437bc7a5a186258ad0","claim":"OPENLANE, Inc. reported three and nine months ended September 30, 2022 results: revenue $393.0 million, net income $0.5 million, EPS $(0.09) per diluted share.","evidence_excerpt":"opportunities ahead and believe our digital strategy and differentiated offerings position us well for the future.\" Third Quarter 2022 Financial Highlights • Total revenue was $393.0 million, an increase of 13% for the third quarter of 2022, compared with $347.1 million for the third quarter of 2021. • Income from continuing operations of $0.5 million, or $(0.09) per","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1395942/000139594222000066/0001395942-22-000066-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three and nine months ended September 30, 2022"},{"label":"Revenue","value":"$393.0 million"},{"label":"Net income","value":"$0.5 million"},{"label":"EPS","value":"$(0.09) per diluted 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"}