CVNA - Carvana Stock Jumps On Q1 Earnings: Revenue Beat Vehicles Sold Up 16% Strong Guidance And More | Benzinga
Carvana Co (NYSE:CVNA) reported financial results for the first quarter Wednesday after the bell. Here’s a look at the key metrics from the quarter.
Q1 Earnings: Carvana reported first-quarter revenue of $3.061 billion, which beat the consensus estimate of $2.673 billion, according to Benzinga Pro. The company reported adjusted EBITDA of $235 million.
Carvana sold 91,878 vehicles in the fourth quarter, up 16% on a year-over-year basis.
“In the first quarter, we delivered our best results in company history, validating our long-held ...