{"schema_version":"secwatch.filing_event.v1","accession":"0001808834-23-000011","form_type":"8-K","ticker":"PRG","cik":"0001808834","company_name":"PROG Holdings, Inc.","filed_at":"2023-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.678437+00:00","generated_at":"2026-06-19T05:17:45.827147+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"PROG Holdings Q4 2022 beats; non-GAAP EPS $0.84 (+25% YoY); revenue $612.1M","bullets":["Q4 revenue $612.1M (-5.3% YoY); net earnings $36.1M; diluted EPS $0.73.","Non-GAAP diluted EPS $0.84, up 25% YoY; Adjusted EBITDA $74.4M (+3.2% YoY), margin 12.2%.","Progressive Leasing GMV $540.9M (-14.8% YoY); write-offs improved to 6.5% from 6.8%; e-commerce 20.4% of GMV.","Repurchased $36.2M stock at avg $17.83; $337.3M remaining under $1B buyback program.","FY 2023 guidance: revenue $2.34B-$2.44B; adjusted EBITDA $215M-$245M; non-GAAP EPS $2.11-$2.54."],"urls":{"canonical":"https://secwatch.observer/filing/0001808834-23-000011","json":"https://secwatch.observer/filing/0001808834-23-000011.json","markdown":"https://secwatch.observer/filing/0001808834-23-000011.md","text":"https://secwatch.observer/filing/0001808834-23-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1808834/000180883423000011/0001808834-23-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1808834/000180883423000011/prg-20230222.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T05:17:45.827147+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":"037a875f6f50e692247e01dbe31eca788145d8b0","claim":"PROG Holdings, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $612.1 million, net income $36.1 million, EPS $0.73. Guidance initiated.","evidence_excerpt":"1933. --- EX-99.1 (EX-99.1 PRESS RELEASE 4Q2022) --- PRESS RELEASE 4Q2022 Document Exhibit 99.1 PROG Holdings Reports Fourth Quarter 2022 Results • Consolidated revenues of $612.1 million • Consolidated earnings before taxes of $53.7 million; Adjusted EBITDA increased 3.2% year-over-year to $74.4 million or 12.2% of revenues • Diluted EPS of $0.73; Non-GAAP","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1808834/000180883423000011/0001808834-23-000011-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$612.1 million"},{"label":"Net income","value":"$36.1 million"},{"label":"EPS","value":"$0.73"},{"label":"Guidance","value":"initiated"},{"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"}