---
schema_version: "secwatch.filing_event.v1"
accession: "0001808665-23-000018"
form_type: "8-K"
ticker: "ASRT"
cik: "0001808665"
company_name: "Assertio Holdings, Inc."
filed_at: "2023-03-08T23:59:59+00:00"
generated_at: "2026-06-18T08:40:15.027035+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Assertio Q4 net product sales $49.9M (+55% YoY); net income $88.6M; guides 2023 revenue $150-160M

## Summary
- Net product sales Q4 $49.9M (+55% YoY); full year $155.1M (+42% YoY).
- GAAP net income Q4 $88.6M (vs $4.6M) includes $80.4M tax benefit from valuation allowance reversal.
- Adjusted EBITDA Q4 $33.4M (up from $17.8M); full year $101.6M (up from $48.8M).
- 2023 guidance: net product sales $150-160M, Adjusted EBITDA $85-93M; Q1 revenue $36-38M.
- Feb 2023 debt exchange reduced debt 42.9%, saves $2M annual interest, accretive $0.02 to EPS.

## SEC filing metadata
- accession: 0001808665-23-000018
- form_type: 8-K
- ticker: ASRT
- cik: 0001808665
- company_name: Assertio Holdings, Inc.
- filed_at: 2023-03-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1808665/000180866523000018/0001808665-23-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1808665/000180866523000018/asrt-20230308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001808665-23-000018
- JSON: https://secwatch.observer/filing/0001808665-23-000018.json
- Plain text: https://secwatch.observer/filing/0001808665-23-000018.txt

## Key facts
- Earnings Releases
  Assertio Holdings, Inc. updated its 2023 full year guidance (initiated).
  - Period: 2023 full year
  - Guidance: initiated
  - Result: guidance update
  source text: Assertio announced its initial 2023 operating guidance as follows: Net Product Sales (GAAP) $150.0 Million to $160.0 Million Adjusted EBITDA (Non-GAAP) 3 $85.0 Million to $93.0 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1808665/000180866523000018/0001808665-23-000018-index.htm
- Earnings Releases
  Assertio Holdings, Inc. reported financial results for three months ended December 31, 2022.
  - Period: three months ended December 31, 2022
  - Result: reported results
  source text: On March 8, 2023, Assertio Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and fiscal year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1808665/000180866523000018/0001808665-23-000018-index.htm
- Earnings Releases
  Assertio Holdings, Inc. reported financial results for twelve months ended December 31, 2022.
  - Period: twelve months ended December 31, 2022
  - Result: reported results
  source text: On March 8, 2023, Assertio Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and fiscal year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1808665/000180866523000018/0001808665-23-000018-index.htm

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