---
schema_version: "secwatch.filing_event.v1"
accession: "0001395942-24-000072"
form_type: "8-K"
ticker: "OPLN"
cik: "0001395942"
company_name: "OPENLANE, Inc."
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:25:14.991443+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# OPENLANE reports Q3 2024 revenue $448M (+8% YoY), adj. EBITDA $75M (+10%)

## Summary
- Income from continuing ops $28.4M vs $12.7M YoY; Marketplace segment contributed $4.8M.
- Marketplace volumes up 6% YoY to 359K vehicles; GMV ~$6.7B (+12% YoY).
- Marketplace adjusted EBITDA $35.8M (+34% YoY) driven by commercial volume growth.
- FY 2024 guidance: adj. EBITDA $285-295M; diluted ops adj. net income per share $0.81-0.87.
- Board authorized ~$5M increase in share repurchase program; $100M remains available.

## SEC filing metadata
- accession: 0001395942-24-000072
- form_type: 8-K
- ticker: OPLN
- cik: 0001395942
- company_name: OPENLANE, Inc.
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1395942/000139594224000072/0001395942-24-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1395942/000139594224000072/kar-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001395942-24-000072
- JSON: https://secwatch.observer/filing/0001395942-24-000072.json
- Plain text: https://secwatch.observer/filing/0001395942-24-000072.txt

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