VRM News and Press, Vroom Inc. From 05/24/23

2023-05-24 14:25:34 ET In its preliminary annual 2023 Russell indexes reconstitution, a total of 164 companies will be added and 319 deleted from the Russell microcap index. Following notable healthcare companies will be added and deleted from Russell microcap index: Notable additio...

2023-05-13 10:00:00 ET Get ahead of the market by subscribing to Seeking Alpha's Stocks to Watch, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports a...

2023-05-12 15:00:44 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar ...

2023-05-10 12:31:05 ET Vroom, Inc. (VRM) Q1 2023 Results Conference Call May 10, 2023 08:30 AM ET Company Participants Jon Sandison - VP, IR Tom Shortt - CEO Bob Krakowiak - CFO Conference Call Participants Rajat Gupta - JPMorgan Chase Sharon Zack...

2023-05-10 08:44:22 ET After a prolonged period of declines, used car and truck prices ticked higher once again in the latest inflation update from the Bureau of Labor Statistics . “The shelter index was the largest factor in the monthly increase in the index for all ...

2023-05-09 16:34:21 ET Vroom press release ( NASDAQ: VRM ): Q1 GAAP EPS of -$0.54 beats by $0.01 . Revenue of $196.46M (-78.7% Y/Y) misses by $43.42M . Ecommerce gross profit per unit of $2,552 as compared to $1,233 For further details see: Vroom GAAP...

Continued Progress on Long-Term Roadmap Driving GPPU Improvement and Cost Reductions Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the first quarter ended March 31, 2023. HIGHLIGHTS OF FIRST QUA...

2023-05-08 12:44:45 ET Vroom ( NASDAQ: VRM ) is scheduled to announce Q1 earnings results on Tuesday, May 9th, after market close. The consensus EPS Estimate is -$0.57 (+19.7% Y/Y) and the consensus Revenue Estimate is $239.88M (-74.0% Y/Y). Over the last 2 years, VRM ...

2023-04-24 14:22:36 ET Summary Current economic downturn and shifting investor preference make it a bad time for disruptive tech companies with a hyper-growth strategy like Vroom. Vroom has faced significant selling pressure since last year. At ~$1 per share today, the stock trade...

2023-04-19 10:23:41 ET Falling auto prices impacted Lithia Motors ( NYSE: LAD ) in Q1, with the results rippling across the overall sector to drag on its peers. For the first quarter, the Oregon-based auto retailer missed on top and bottom line expectations as gross prof...