{"schema_version":"secwatch.filing_event.v1","accession":"0001395942-23-000008","form_type":"8-K","ticker":"OPLN","cik":"0001395942","company_name":"OPENLANE, Inc.","filed_at":"2023-02-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.740260+00:00","generated_at":"2026-06-19T06:43:37.713282+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"KAR Q4 revenue up 4% to $372.8M; adj. EPS $0.33; guides FY23 adj. EBITDA $250-270M","bullets":["Q4 revenue $372.8M (+4% YoY); income from continuing ops $41.9M ($0.21 diluted) vs $15.2M ($0.04) prior year.","Q4 adjusted EBITDA from continuing ops $56.5M vs $64.3M; operating adjusted net income $47.6M ($0.33 diluted).","Full year 2022 revenue $1,519.4M (+5%); adjusted EBITDA $231.2M vs $270.2M; repurchased 12.6M shares for ~$182M.","2023 guidance: income from continuing ops $33-48M; adjusted EBITDA $250-270M; operating adjusted EPS $0.37-0.47.","Finance segment Q4 loan transactions +15%, revenue per loan +11%; Marketplace gross profit per vehicle +3% to $297."],"urls":{"canonical":"https://secwatch.observer/filing/0001395942-23-000008","json":"https://secwatch.observer/filing/0001395942-23-000008.json","markdown":"https://secwatch.observer/filing/0001395942-23-000008.md","text":"https://secwatch.observer/filing/0001395942-23-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1395942/000139594223000008/0001395942-23-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1395942/000139594223000008/kar-20230221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T06:43:37.713282+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":"0755dd4c683aaad3c9e7545e4dadb8f0dec3185d","claim":"OPENLANE, Inc. reported three months ended December 31, 2022 results: EPS 0.21.","evidence_excerpt":"Total revenue was $372.8 million, an increase of 4% for the fourth quarter of 2022, compared with $357.7 million for the fourth quarter of 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1395942/000139594223000008/0001395942-23-000008-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended December 31, 2022"},{"label":"EPS","value":"0.21"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"0755dd4c683aaad3c9e7545e4dadb8f0dec3185d","claim":"OPENLANE, Inc. reported three months ended December 31, 2022 results: EPS 0.21.","evidence_excerpt":"Income from continuing operations of $41.9 million, or $0.21 per diluted share, for the fourth quarter of 2022, compared with $15.2 million, or $0.04 per diluted share, for the fourth quarter of 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1395942/000139594223000008/0001395942-23-000008-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended December 31, 2022"},{"label":"EPS","value":"0.21"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"1069e03f6158b760b951139b70badd0a030b6636","claim":"OPENLANE, Inc. reported annual 2023 results: EPS -0.08 - 0.02. Guidance initiated.","evidence_excerpt":"Annual Guidance Income from continuing operations ( in millions ) $33 - $48","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1395942/000139594223000008/0001395942-23-000008-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"annual 2023"},{"label":"EPS","value":"-0.08 - 0.02"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"1069e03f6158b760b951139b70badd0a030b6636","claim":"OPENLANE, Inc. reported annual 2023 results: EPS -0.08 - 0.02. 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Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}