---
schema_version: "secwatch.filing_event.v1"
accession: "0001808665-24-000011"
form_type: "8-K"
ticker: "ASRT"
cik: "0001808665"
company_name: "Assertio Holdings, Inc."
filed_at: "2024-03-11T23:59:59+00:00"
generated_at: "2026-06-04T23:57:33.348238+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Assertio reports Q4 2023 net product sales $32.5M, net loss $57.4M; guides 2024 sales $110-125M, adj. EBITDA $20-30M

## Summary
- Q4 net product sales $32.5M (down 35% YoY); net loss $57.4M vs. income $88.6M in Q4 2022.
- Full year 2023 net product sales $149.5M (down 3.6% YoY); net loss $331.9M vs. income $109.6M.
- Non-GAAP adj. EBITDA Q4 $4.5M (down from $33.4M); adj. EPS $0.11 (vs. $0.32).
- 2024 guidance: net product sales $110-125M, adj. EBITDA $20-30M; Rolvedon sales target >$100M in coming years.
- Board appointed Sigurd Kirk, former Allergan EVP Business Development, effective April 3, 2024.

## SEC filing metadata
- accession: 0001808665-24-000011
- form_type: 8-K
- ticker: ASRT
- cik: 0001808665
- company_name: Assertio Holdings, Inc.
- filed_at: 2024-03-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1808665/000180866524000011/0001808665-24-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1808665/000180866524000011/asrt-20240308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001808665-24-000011
- JSON: https://secwatch.observer/filing/0001808665-24-000011.json
- Plain text: https://secwatch.observer/filing/0001808665-24-000011.txt

## Key facts
- Earnings Releases
  Assertio Holdings, Inc. updated its fourth quarter and fiscal year ended December 31, 2023 guidance (initiated).
  - Period: fourth quarter and fiscal year ended December 31, 2023
  - Guidance: initiated
  - Result: reported results
  source text: On March 11, 2024, Assertio Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and fiscal year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1808665/000180866524000011/0001808665-24-000011-index.htm
- Executive change
  Sigurd Kirk was appointed as Director at Assertio Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: the Board of Directors (the “Board”) of the Company appointed Sigurd Kirk to the Board, effective April 3, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1808665/000180866524000011/0001808665-24-000011-index.htm

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