Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / ACVA - ACV  GAAP EPS of -$0.10 beats by $0.04 revenue of $124M beats by $4.14M


ACVA - ACV  GAAP EPS of -$0.10 beats by $0.04 revenue of $124M beats by $4.14M

2023-08-07 16:16:24 ET

  • ACV press release ( NASDAQ: ACVA ): Q2 GAAP EPS of -$0.10 beats by $0.04 .
  • Revenue of $124M (+7.8% Y/Y) beats by $4.14M .
  • Third Quarter and Full-Year 2023 Guidance

    Based on information as of today, ACV is providing the following guidance:

    • Third quarter of 2023:
      • Total revenue of $115 to $119 million, an increase of 9% to 13% year over year, vs. consensus of $118.65M
      • GAAP net income (loss) of ($23) to ($25) million
      • Non-GAAP net income (loss) of ($7) to ($9) million
      • Adjusted EBITDA of ($8) to ($10) million
    • Full-Year 2023:
      • Total revenue of $474 to $482 million, vs. consensus of $475.18M, an increase of 12% to 14% year over year
      • GAAP net income (loss) of ($79) to ($83) million
      • Non-GAAP net income (loss) of ($19) to ($23) million
      • Adjusted EBITDA of ($23) to ($27) million

For further details see:

ACV  GAAP EPS of -$0.10 beats by $0.04, revenue of $124M beats by $4.14M
Stock Information

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

Menu

ACVA ACVA Quote ACVA Short ACVA News ACVA Articles ACVA Message Board
Get ACVA Alerts

News, Short Squeeze, Breakout and More Instantly...