{"schema_version":"secwatch.filing_event.v1","accession":"0001808834-23-000104","form_type":"8-K","ticker":"PRG","cik":"0001808834","company_name":"PROG Holdings, Inc.","filed_at":"2023-10-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.569304+00:00","generated_at":"2026-06-09T11:27:24.964568+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"PROG Holdings beats Q3 expectations; raises full-year outlook; Non-GAAP EPS $0.90 up 32.4% YoY","bullets":["$0.76 GAAP diluted EPS; Non-GAAP diluted EPS $0.90, up 32.4% YoY.","Consolidated revenue $582.9M, down 6.9% YoY; Adjusted EBITDA $71.7M, up 10.4%.","Progressive Leasing write-offs improved to 6.6% of lease revenues from 7.2% in Q3 2022.","Full-year 2023 Adjusted EBITDA outlook raised to $295M-$300M from prior $270M-$280M.","Repurchased $36.4M in stock at avg $34.85; $229M remaining under $1B buyback program."],"urls":{"canonical":"https://secwatch.observer/filing/0001808834-23-000104","json":"https://secwatch.observer/filing/0001808834-23-000104.json","markdown":"https://secwatch.observer/filing/0001808834-23-000104.md","text":"https://secwatch.observer/filing/0001808834-23-000104.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1808834/000180883423000104/0001808834-23-000104-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1808834/000180883423000104/prg-20231025.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T11:27:24.964568+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":"37867b219ed660868df73c6c5bb362407db99196","claim":"PROG Holdings, Inc. reported the third quarter ended September 30, 2023 results: revenue $582.9 million, net income $35.0 million, EPS $0.76. Guidance raised.","evidence_excerpt":"3Q2023) --- PRESS RELEASE 3Q2023 Document Exhibit 99.1 PROG Holdings Beats Third Quarter 2023 Expectations, Raises Full-Year Financial Outlook • Consolidated revenues of $582.9 million • Earnings before taxes of $48.1 million • Adjusted EBITDA of $71.7 million, increase of 10.4% year-over-year • Diluted EPS of $0.76; Non-GAAP Diluted EPS of $0.90, up 32.4%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1808834/000180883423000104/0001808834-23-000104-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Revenue","value":"$582.9 million"},{"label":"Net income","value":"$35.0 million"},{"label":"EPS","value":"$0.76"},{"label":"Guidance","value":"raised"},{"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"}