VRM News and Press, Vroom Inc. From 11/14/22

Summary The used car market is in trouble with falling prices and rising interest rates. VRM's recent quarter reported huge improvements in profitability. VRM is downsizing its business and giving up market share. VRM's business model could hurt them as third-party partner...

The following slide deck was published by Vroom, Inc. in conjunction with their 2022 Q3 earnings call. For further details see: Vroom, Inc. 2022 Q3 - Results - Earnings Call Presentation

Vroom, Inc. (VRM) Q3 2022 Earnings Conference Call November 08, 2022, 08:30 ET Company Participants Liam Harrington - VP, IR Thomas Shortt - CEO & Director Robert Krakowiak - CFO & Treasurer Conference Call Participants Rajat Gupta - JPMorgan ...

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...

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...

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...

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...

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 ...

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...

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...