VRM News and Press, Vroom Inc. From 08/17/21

Vroom posted a strong Q2 in terms of revenues and gross profit metrics, but only just meeting consensus EPS estimates after blowing out revenue estimates is not good enough. While a strong auto market has pushed growth higher, a return to normal in the used car market by the end of th...

PHOENIX, Aug. 17, 2021 (GLOBE NEWSWIRE) -- Vroom , Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced the opening of a new Phoenix hub and a more customized driveway experience for nearly 4.8 million people in over 166 zip codes wit...

CarLotz has gotten too cheap to ignore. The company continues to execute well on its long term plan. The headwinds that have materially hurt the company are beginning to abate. The recent "Kitchen Sink" move by management to withdraw guidance (and subsequent selloff) provides ...

Image source: The Motley Fool. Vroom, Inc. (NASDAQ: VRM) Q2 2021 Earnings Call Aug 11, 2021 , 5:00 p.m. ET Operator Continue reading For further details see: Vroom, Inc. (VRM) Q2 2021 Earnings Call Transcript

Fintech Platform FUSE Autotech Raises $10M in Series A Funding Led by Target Global Investor base brings together leading experts from online car industry unicorns PR Newswire MINNEAPOLIS , Aug. 12, 2021 /PRNewswire/ -- FUSE Autotech, a fintech software platf...

Vroom, Inc. (VRM) Q2 2021 Results Conference Call August 11, 2021 5:00 PM ET Company Participants Allen Miller - Head-IR Paul Hennessy - CEO Dave Jones - CFO Conference Call Participants Naved Khan - Truist Securities Zachary Fadem - Wells Fargo Andrew Boone - JMP Securities Chris Bottiglieri...

Vroom Delivers Record Ecommerce Units and Gross Profit Ecommerce Unit Sales Up 172% YoY Ecommerce Gross Profit Up 588% YoY Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the s...

Vroom (NASDAQ:VRM) is scheduled to announce Q2 earnings results on Wednesday, August 11th, after market close. The consensus EPS Estimate is -$0.49 (-44.1% Y/Y) and the consensus Revenue Estimate is $651.07M (+157.2% Y/Y). Over the last 1 year, VRM has beaten EPS estimates 75% of the time and...

The company's digital and inventory health remain strong, with a large room for improvement. Undoubtedly, growth and operational scale are the catalysts for improving margins and positive cash flow generation. Despite the unpredictability of cash flows and the reliance on external par...

Following up on our buy call from June 14th, Q2 earnings suggest the buy thesis is intact here. Growing revenues, earnings power, same store sales, as well as lucrative repurchases and a solid valuation are all compelling reasons for owning this stock. We continue to rate shares a...