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home / news releases / ACVA - ACV Auctions Inc. (ACVA) Q4 2023 Earnings Call Transcript


ACVA - ACV Auctions Inc. (ACVA) Q4 2023 Earnings Call Transcript

2024-02-24 10:44:09 ET

ACV Auctions Inc. (ACVA)

Q4 2023 Earnings Conference Call

February 21, 2024 5:00 PM ET

Company Participants

Tim Fox - Vice President, Investor Relations

George Chamoun - Chief Executive Officer

Bill Zerella - Chief Financial Officer

Conference Call Participants

Michael Graham - Canaccord

Chris Pierce - Needham & Company

Pete Lukas - CJS Securities

Eric Sheridan - Goldman Sachs

Ron Josey - Citigroup

Rajat Gupta - JPMorgan Chase

Gary Prestopino - Barrington Research

Presentation

Operator

Good day and thank you for standing by. Welcome to the ACV Fourth Quarter and Full-Year Earnings Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there'll be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to turn the call over to your speaker for today, Tim Fox. Please go ahead.

Tim Fox

Good afternoon and thank you for joining ACV's conference call to discuss our fourth quarter and full year 2023 financial results. With me on the call today are George Chamoun, Chief Executive Officer; and Bill Zerella, Chief Financial Officer.

Before we get started, please note that today's comments include forward-looking statements, including statements regarding future financial guidance. These forward-looking statements are subject to risks and uncertainties and involve factors that could cause actual results to differ materially from those expressed or implied by such statements. A discussion of the risks and uncertainties related to our business can be found in our SEC filings and in today's press release, both of which can be found on our investor relations website. During this call, we will discuss both GAAP and non-GAAP financial measures. A reconciliation of GAAP to non-GAAP financial measures is provided in today's earnings materials, which can also be found on our investor relations website.

And with that, let me turn the call over to George.

George Chamoun

Thanks, Tim. Good afternoon, everyone, and thank you for joining us. We are pleased with our fourth quarter performance, which capped off another strong year of execution by the ACV team. We delivered 21% revenue growth in Q4 and adjusted EBITDA have once again exceeded our guidance....

For further details see:

ACV Auctions Inc. (ACVA) Q4 2023 Earnings Call Transcript
Stock Information

Company Name: ACV Auctions Inc.
Stock Symbol: ACVA
Market: NASDAQ
Website: acvauctions.com

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