VRM News and Press, Vroom Inc. From 05/30/21

Vroom has seen continued growth and margin gains, but increasing losses as well. The potential market is huge, but it still is unclear to me if the business model works. Given the huge losses, I have real doubts about the business model, as I fail to see the appeal here. For...

DALLAS, May 27, 2021 (GLOBE NEWSWIRE) -- Vroom , Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced the opening of a new Dallas hub and a more customized driveway experience for nearly 7 million people in over 1,000 zip codes within...

BIGZ launched late in March, they have finally updated their holdings to include the top ten. The portfolio is exactly what I was hoping it would be, something distinct from what is already available in other funds - it delivered solidly. That being said, this is a very growth-ori...

CarLotz presents itself as a consignment store for used vehicles. LOTZ will most likely suffer a decrease in EBITDA margins until the price of new cars increases. The company is that cheap because investors believe that wholesale prices could increase even more. In 2021, there...

The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors of deadline in securities fraud class action lawsuit filed in the United States District Court for the Southern District of New York against Vroom, Inc. (NASDAQ: VRM) (“Vroom”) on behalf of those who ...

JPMorgan sees enough out of Vroom (VRM) to keep an Overweight rating in place and price target of $60. Analyst Rajay Gupta points to strength with the GPU metric and thinks e-commerce growth in the triple digits is possible."VRM is benefiting from strong demand though capacity does not seem t...

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Image source: The Motley Fool. Vroom, Inc. (NASDAQ: VRM) Q1 2021 Earnings Call May 12, 2021 , 5:00 p.m. ET Operator Continue reading For further details see: Vroom, Inc. (VRM) Q1 2021 Earnings Call Transcript

Vroom, Inc. (VRM) Q1 2021 Earnings Conference Call May 12, 2021, 05:00 PM ET Company Participants Allen Miller - Head-IR Paul Hennessy - CEO Dave Jones - CFO Conference Call Participants Rajat Gupta - JPMorgan Zach Fadem - Wells Fargo Alexander Potter - Piper Sandler Sharon Zackfia - William ...

Vroom (VRM): Q1 Non-GAAP EPS of -$0.57 beats by $0.05; GAAP EPS of -$0.57 beats by $0.06.Revenue of $591.1M (+57.3% Y/Y) beats by $74.19M.15,504 ecommerce units sold, up 96% YoY. Ecommerce revenue of $422.3 million, up 81% YoY. Ecommerce gross profit of $31.8 million, up 123% YoY.Shares +15%....