{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-002660","form_type":"8-K","ticker":"CPSS","cik":"0000889609","company_name":"CONSUMER PORTFOLIO SERVICES, INC.","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.652579+00:00","generated_at":"2026-06-16T10:42:19.813948+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"CPS Q1 net income falls to $13.8M ($0.54/diluted) from $21.1M; revenues up 12%","bullets":["Revenue $83.1M (+11.7% YoY) but pretax income $18.4M vs $29.3M in 2022.","Net income $13.8M ($0.54/diluted) vs $21.1M ($0.75) prior year; operating expenses rose to $64.7M.","New contract purchases $415.2M; portfolio receivables $2.882B (+24% YoY).","Annualized net charge-offs 5.20% (vs 3.29%); delinquencies >30 days 9.92% (vs 8.59%).","CEO cites strong start, but credit metrics worsened amid economic headwinds."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-002660","json":"https://secwatch.observer/filing/0001683168-23-002660.json","markdown":"https://secwatch.observer/filing/0001683168-23-002660.md","text":"https://secwatch.observer/filing/0001683168-23-002660.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/889609/000168316823002660/0001683168-23-002660-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/889609/000168316823002660/cps_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T10:42:19.813948+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":"665df4cc62056c0f1254a2061393df08409bf5a5","claim":"CONSUMER PORTFOLIO SERVICES, INC. reported first quarter ended March 31, 2023 results: revenue $83.1 million, net income $13.8 million, EPS $0.54 per diluted share.","evidence_excerpt":"CPS ANNOUNCES FIRST QUARTER 2023 EARNINGS § Revenues of $83.1 million compared to $74.4 million in the prior year period § Pretax income of $18.4 million § Net income of $13.8 million, or $0.54 per diluted share § New contract purchases of $415.2 million LAS VEGAS, NV, April 26, 2023 (GlobeNewswire) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced earnings of $13.8 million, or $0.54 per diluted share, for its first quarter ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/889609/000168316823002660/0001683168-23-002660-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$83.1 million"},{"label":"Net income","value":"$13.8 million"},{"label":"EPS","value":"$0.54 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"}