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home / news releases / CVNA - Carvana up 4% on updated Q3 outlook

CVNA - Carvana up 4% on updated Q3 outlook

Carvana Co. Class A

2023-08-09 09:54:45 ET

  • Carvana ( NYSE: CVNA ) improved Q3 2023 outlook , now expects Adjusted EBITDA above $75M, compares to previous guidance of positive adjusted EBITDA.
  • Non-GAAP Total GPU expected to be above $5,500, vs. above $5,000.
  • Non-GAAP SG&A and Retail Units expected to be same as Q2. no change from initial outlook.
  • The stock price is up 4% as of Wednesday start of the day.

For further details see:

Carvana up 4% on updated Q3 outlook
Stock Information
Company Name: Carvana Co. Class A
Stock Symbol: CVNA
Market: NYSE
Website: carvana.com
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