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VRM News and Press, Vroom Inc. From 03/04/21

Stock Information

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

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VRM - Why Vroom Stock Sank Today

Shares of online auto retailer Vroom (NASDAQ: VRM) dropped sharply Thursday after Wednesday night's earnings report. At 11:45 a.m. EST, shares were down 25%. Vroom announced fourth-quarter and full-year 2020 results after the bell on Wednesday, and its net loss of $60.7 million ...

VRM - Vroom slides after growing pains hit bottom line

Vroom (VRM) falls sharply after the online auto retailer posted a larger Q4 loss than anticipated and guided weaker than some estimates for Q1. Analysts note that Vroom felt some growing pains as investments to scale up operations rapidly and capacity limitations hit the bottom line. For the ...

VRM - Vroom's (VRM) CEO Paul Hennessy on Q4 2020 Results - Earnings Call Transcript

Vroom, Inc. (VRM) Q4 2020 Earnings Conference Call March 3, 2021 5:00 PM ET Company Participants Allen Miller – Head-Investor Relations Paul Hennessy – Chief Executive Officer Dave Jones – Chief Financial Officer Conference Call Participants Zach Fadem – Wells Farg...

VRM - Vroom EPS misses by $0.07, beats on revenue

Vroom (VRM): Q4 Non-GAAP EPS of -$0.44 misses by $0.07; GAAP EPS of -$0.46 misses by $0.08.Revenue of $405.83M beats by $4.63M.Shares -13%.Press Release For further details see: Vroom EPS misses by $0.07, beats on revenue

VRM - Vroom Reports Fourth Quarter and FY 2020 Results

Vroom Delivers Record Ecommerce Units and Gross Profit Quarterly and FY 2020 Ecommerce Unit Sales Up 74% and 82% YoY, respectively Quarterly and FY 2020 Ecommerce Gross Profit Up 95% and 89% YoY, respectively Vroom, Inc. (Nasdaq:VRM), a leading ecommerce plat...

VRM - Vroom Q4 2020 Earnings Preview

Vroom (NASDAQ:VRM) is scheduled to announce Q4 earnings results on Wednesday, March 3rd, after market close.The consensus EPS Estimate is -$0.37 and the consensus Revenue Estimate is $401.21MOver the last 3 months, EPS estimates have seen 1 upward revision and 0 downward. Revenue estimates ha...

VRM - This Week's Stars Are Zoom, Target and Costco

Zoom Video Communications (NASDAQ: ZM) will open the week on Monday after market close whereas big box retailers highlight the week’s other big releases, led by Target Inc. (NYSE: TGT) on Tuesday and Costco Wholesale Corp. (NYSE: COST) on Thursday. Zoom Video Communications A...

VRM - Auto dealer stocks fall as part of broad auto sector decline

Auto dealerships stocks are having a hard time getting out of the way of the selling pressure in the broad auto sector. Notable decliners include CarLotz ([[LOTZ]] -12.1%), Cars.com ([[CARS]] -4.0%), Vroom ([[VRM]] -4.3%), Driven Brands ([[DRVN]] -5.5%), AutoNation ([[AN]] -2.3%), LMP Automot...

VRM - AutoNation cashes out of Vroom stake

AutoNation (AN) discloses that it sold its remaining stake in Vroom (VRM) for proceeds of $109M and realized a cash gain of $87M. In total, AutoNation realized a cash gain of $165M  from the investment including shares during Q4 of 2020.AutoNation is up 1.55% in premarket ...

VRM - Vroom Announces Fourth Quarter and Fiscal Year 2020 Earnings Conference Call and Audio Webcast Scheduled for March 3, 2021

NEW YORK, Feb. 11, 2021 (GLOBE NEWSWIRE) -- 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 fourth quarter and fiscal year ending December 31, 2020, after the market closes on W...

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