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VRM News and Press, Vroom Inc. From 11/07/22

Stock Information

Company Name: Vroom Inc.
Stock Symbol: VRM
Market: NASDAQ
Website: vroom.com

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VRM - Vroom sees sales plummet, adjusted EBITDA go negative in Q3

Vroom ( NASDAQ: VRM ) missed estimates on both lines of its Q3 earnings report as the tough stretch for the company continued. Sales were down 62% year-over-year and an adjusted EBITDA loss of -$57.5M was disclosed after excluding non-recurring costs. The online used aut...

VRM - Vroom Non-GAAP EPS of -$0.64 misses by $0.02, revenue of $340.8M misses by $88.25M

Vroom press release ( NASDAQ: VRM ): Q3 Non-GAAP EPS of -$0.64 misses by $0.02 . Revenue of $340.8M (-62.0% Y/Y) misses by $88.25M . Ecommerce gross profit per unit of $4,206, up 16% Adjusted EBITDA improved from $(85.6) million to $(73.3) million "Base...

VRM - Vroom Announces Record Ecommerce Gross Profit Per Unit of $4,206

Continued Progress on Long-Term Roadmap Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the third quarter ended September 30, 2022. HIGHLIGHTS OF THIRD QUARTER 2022 VERSUS SECOND QUARTER...

VRM - Warning! Don't Even Consider Buying These 7 Dead-Money Stocks

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Financial markets have been in turmoil for the better part of the past six months. The stock market has plunged to new lows as the Federal Reserve tightens the screws with rampant interest rate hikes. That said, this market...

VRM - Vroom Receives 2022 Auto Finance Excellence Award for Acquisition of United Auto Credit Corporation

Vroom (NASDAQ: VRM), an innovative ecommerce platform that offers a better way to buy and sell used vehicles, received a 2022 Auto Finance Excellence Award from Auto Finance News . The award recognizes the company’s acquisition of United Auto Credit Corporation (UACC), a ...

VRM - Online Automotive Retailer Vroom Announces Changes to Board of Directors

Timothy M. Crow Replaces Outgoing Director Fred Terrell and Brings Decades of Human Capital Management and Corporate Leadership to the Board Vroom ( www.vroom.com ), a leading ecommerce platform for buying and selling used vehicles, today announced the appointment of Tim...

VRM - 7 Penny Stocks to Sell Pronto Before a Painful Downturn

InvestorPlace - Stock Market News, Stock Advice & Trading Tips It has been a rough year for investors, with the S&P 500 index posting incredible losses not seen in some time. As stocks continue to hover in this fragile market, investors must consider which assets are most valuabl...

VRM - Vroom to Release Third Quarter 2022 Earnings on November 7, 2022

Conference Call and Audio Webcast Scheduled for November 8, 2022 Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today announced that it will release its financial results for the third quarter ending September 30, 2022, after t...

VRM - Vroom: Still No Signs Of Profits

Summary Vroom is an ecommerce platform for selling used vehicles. It was a pandemic darling as its business model was well-suited for social distancing. Vroom stock has since fallen 98% from peak as it struggles to demonstrate profitability. Unfortunately, Vroom's latest q...

VRM - Vroom files to sell $300M worth of securities

Vroom ( NASDAQ: VRM ) traded lower early on Monday after the company filed a mixed shelf offering of $300M. The filing gives online automobile retailer Vroom ( VRM ) the right to sell from time to time a mix of stock, preferred stock, debt securities, warrants, or units....

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