KAR - OPENLANE Inc. (KAR) Q1 2024 Earnings Call Transcript
2024-05-01 22:39:09 ET
OPENLANE, Inc. (KAR)
Q1 2024 Earnings Conference Call
May 1, 2024 4:30 PM ET
Company Participants
Mike Eliason - Treasurer and Vice President of Investor Relations
Peter Kelly - Chief Executive Officer
Brad Lakhia - Chief Financial Officer
Conference Call Participants
Rajat Gupta - JPMorgan Chase & Co.
John Murphy - Bank of America
Gary Prestopino - Barrington Research Associates, Inc.
Craig Kennison - Robert W. Baird & Co.
Robert Labick - CJS Securities
Bret Jordan - Jefferies Group LLC
Presentation
Operator
Good day, and welcome to the OPENLANE First Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note, this event is being recorded.
I would now like to turn the conference over to Mike Eliason, Treasurer and Vice President of Investor Relations. Please go ahead.
Mike Eliason
Thanks, Cindy. Good afternoon, and thank you for joining us today for the OPENLANE first quarter 2024 earnings conference call. Today, we will discuss the financial performance of OPENLANE for the quarter ended March 31, 2024. After concluding our commentary, we will take questions from participants.
Before Peter kicks off our discussion, I would like to remind you that this conference call contains forward-looking statements within the meaning of the safe harbor provision of the private securities litigation reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties that may affect OPENLANE’s business, prospects and results of operation and such risks are fully detailed in our SEC filings. In providing forward-looking statements, the company expressly disclaims any obligation to update these statements.
Let me also mention that throughout this conference call, we will be referencing both GAAP and non-GAAP financial measures. Reconciliations of the non-GAAP financial measures to the applicable GAAP financial measure can be found in the press release that we issued this afternoon, which is also available in the Investor Relations section of our website....
OPENLANE, Inc. (KAR) Q1 2024 Earnings Call Transcript