SFT News and Press, Shift Technologies Inc Cl A From 08/10/22

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: oneinchpunch/Shutterstock.com It’s time for another dive into the biggest pre-market stock movers as we check out the latest news for Wednesday! We’ve got an acquisition, monkeypox, and loads o...

Image source: The Motley Fool. Shift Technologies, Inc. (NASDAQ: SFT) Q2 2022 Earnings Call Aug 09, 2022 , 5:00 p.m. ET Operator Continue reading For further details see: Shift Technologies, Inc. (SFT) Q2 2022 Earnings Call Transcript

Shift Technologies, Inc. (SFT) Q2 2022 Earnings Conference Call August 9, 2022 5:00 PM ET Company Participants Henry Bird - Vice President, Strategy George Arison - Co-Founder & Chief Executive Officer Jeff Clementz - President & Incoming CEO Oded She...

Shift Technologies ( NASDAQ: SFT ) said Tuesday it will acquire CarLotz ( LOTZ ) in an all-stock deal, sending LOTZ shares soaring ~35% and SFT shares up 10% in aftermarket trade. LOTZ shareholders are expected to receive ~0.692158 SFT shares for each LOTZ share. ...

Shift Technologies press release ( NASDAQ: SFT ): Q2 GAAP EPS of -$0.64 misses by $0.09 . Revenue of $223.7M (+44.4% Y/Y) misses by $9.69M . Second Half Outlook Revenue in the range of $270 - $290 million; Adjusted GPU 1,2 in the range of $1,500 ...

Shift to merge with CarLotz, a leading used vehicle consignment business; combined company estimated to have approximately $125 million of cash if the merger closes at the end of the year Shift is transitioning to a new business plan focused on transacting most sales through its most ...

SAN FRANCISCO, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT) and its Board of Directors announced today that Co-Founder and CEO George Arison will be stepping down as CEO effective September 1, 2022, and will be succeeded by the President of Shift, Jeff Clementz. ...

Merger will create a leading omnichannel auto retailer Combination of complementary geographic footprints, with Shift’s strong presence on the West Coast and CarLotz’s retail stores in the mid-Atlantic region Upon close, combined company anticipated to have a cash po...

Second Quarter Revenue Grew 51% versus Last Year to $76.5 million Second Quarter Retail Unit Sales of 2,421 Second Quarter F&I Revenue Grew 80% versus Last Year RICHMOND, Va., Aug. 09, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “Car...

Merger will create a leading omnichannel auto retailer Combination of complementary geographic footprints, with Shift’s strong presence on the West Coast and CarLotz’s retail stores in the mid-Atlantic region Upon close, combined company anticipated to have a cash po...