{"schema_version":"secwatch.filing_event.v1","accession":"0001395942-24-000007","form_type":"8-K","ticker":"OPLN","cik":"0001395942","company_name":"OPENLANE, Inc.","filed_at":"2024-02-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.047810+00:00","generated_at":"2026-06-05T22:54:09.401325+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":"OPENLANE FY 2023 revenue $1.65B (+8% YoY), adj. EBITDA $272M (+18%); 2024 guidance $285-305M","bullets":["Full-year 2023 revenue $1,645M (+8% YoY); adjusted EBITDA $272M (+18% YoY).","Q4 revenue $391M (+5% YoY); Q4 adj. EBITDA $61.8M (+9% YoY).","FY 2023 loss from continuing ops $155M including $251M non-cash impairment.","FY 2024 guidance: adj. EBITDA $285-305M; dil. EPS from cont. ops $0.20-$0.30.","Operating cash flow $237M in 2023; Marketplace Q4 volumes up 3% YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0001395942-24-000007","json":"https://secwatch.observer/filing/0001395942-24-000007.json","markdown":"https://secwatch.observer/filing/0001395942-24-000007.md","text":"https://secwatch.observer/filing/0001395942-24-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1395942/000139594224000007/0001395942-24-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1395942/000139594224000007/kar-20240220.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T22:54:09.401325+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":"5c8eb3b5cc06bde4378353a109e205c443da9727","claim":"OPENLANE, Inc. reported three months and year ended December 31, 2023 results: revenue $1,645 million, net income Loss from continuing operations of $155 million. Guidance reaffirmed.","evidence_excerpt":"volume growth, revenue growth and margin expansion, results that I believe position OPENLANE for future growth and success.\" 2023 Financial Highlights • Total revenue of $1,645 million, an increase of 8% • Loss from continuing operations of $155 million, including a $251 million non-cash impairment • Adjusted EBITDA of $272 million, an increase of 18%, with","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1395942/000139594224000007/0001395942-24-000007-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months and year ended December 31, 2023"},{"label":"Revenue","value":"$1,645 million"},{"label":"Net income","value":"Loss from continuing operations of $155 million"},{"label":"Guidance","value":"reaffirmed"},{"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"}