---
schema_version: "secwatch.filing_event.v1"
accession: "0001395942-23-000082"
form_type: "8-K"
ticker: "OPLN"
cik: "0001395942"
company_name: "OPENLANE, Inc."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:14:41.154200+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# OPENLANE Q3 revenue $416M (+6% YoY); Adj. EBITDA $68M; boosts buyback $20M

## Summary
- Revenue $416M (+6% YoY); income from continuing ops $13M; Adjusted EBITDA $68M (Marketplace ~40%).
- Marketplace volumes +8% YoY; both commercial and dealer transactions grew.
- Annual guidance reaffirmed: Adj. EBITDA $250-270M; operating adj. EPS $0.60-0.70.
- Board authorized additional $20M share repurchase; total remaining ~$125M through Dec 2024.
- Year-to-date cash flow from operations $216M.

## SEC filing metadata
- accession: 0001395942-23-000082
- form_type: 8-K
- ticker: OPLN
- cik: 0001395942
- company_name: OPENLANE, Inc.
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1395942/000139594223000082/0001395942-23-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1395942/000139594223000082/kar-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001395942-23-000082
- JSON: https://secwatch.observer/filing/0001395942-23-000082.json
- Plain text: https://secwatch.observer/filing/0001395942-23-000082.txt

## Key facts
- Earnings Releases
  OPENLANE, Inc. reported financial results for the three and nine months ended September 30, 2023.
  - Period: the three and nine months ended September 30, 2023
  - Result: reported results
  source text: On November 1, 2023, OPENLANE, Inc. (“OPENLANE” or the “Company”) issued a press release announcing its financial results for the three and nine months ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1395942/000139594223000082/0001395942-23-000082-index.htm

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