KAR - KAR Auction Non-GAAP EPS of $0.33 beats by $0.16 revenue of $372.8M misses by $6.66M
- KAR Auction press release ( NYSE: KAR ): Q4 Non-GAAP EPS of $0.33 beats by $0.16 .
- Revenue of $372.8M (+4.2% Y/Y) misses by $6.66M .
- Marketplace revenue, excluding purchased vehicle sales, was $227.1 million, an increase of less than 1% for the fourth quarter of 2022, compared with $226.6 million for the fourth quarter of 2021.
- FY23 Guidance:
- Income from continuing operations $33M-$48M
- Income (loss) from continuing operations per share - diluted ($0.08)-$0.02
- Operating adjusted net income from continuing operations per share - diluted $0.37-$.047
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KAR Auction Non-GAAP EPS of $0.33 beats by $0.16, revenue of $372.8M misses by $6.66M