VRM News and Press, Vroom Inc. From 03/01/22

Vroom (VRM -40.5%) slumped to a new all-time low after the auto retailer missed consensus estimates with its Q4 earnings report. Analyst said Vroom (NASDAQ:VRM) appears to be struggling with macro headwinds as well as inventory management and pointed to the weak GPU (gross profit per unit) ma...

Vroom press release (NASDAQ:VRM): Q4 GAAP EPS of -$0.94 misses by $0.18. Revenue of $934.49M (+130.3% Y/Y) beats by $32.49M. Shares -5.43%. Total units sold increased 62.1% to 32,090. Q1 2022 Outlook: Total revenues of approximately $875 million. Ecommerce unit sales of 18,000 to 19...

Vroom Delivers Record Ecommerce Units Quarterly and FY 2021 Ecommerce Unit Sales Up 93% and 117% YoY, respectively Quarterly and FY 2021 Ecommerce Gross Profit Up 64% and 171% YoY, respectively Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying...

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L Catterton, the private equity firm backed by French billionaire and LVMH chief Bernard Arnault, is said to be considering an initial public offer this year that could value the firm at $3B or more. The PE firm recently hired Goldman Sachs and Morgan Stanley to lead an IPO that cou...

Hindsight is 20/20, but I definitely bought into Vroom too early. The used car market remains very fragmented with many trying to get a piece of the pie. Vroom's market cap is now sitting below their last reported cash position. For further details see: Deciding If Vroom...

Car Buyers Within 300-Mile Radius Receive Vroom’s Next Tier of More Personalized Delivery Service, Direct to Their Driveways Vroom , Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced its new Extended Mile hub in ...

The Super Bowl on Sunday is forecast to see a record 31.4M Americans betting a combined total of $7.6B, according to an estimate from the American Gaming Association. The betting handle is 78% higher than last year's tally with sports betting up and running this year in Arizona, Connecticut, ...

Vroom (NASDAQ:VRM) trades 1.4% higher premarket after it announced that its wholly-owned subsidiary, United Auto Credit (UACC) priced an auto loan securitization offering of $296.17M in principal amount of automobile receivable backed notes. This is UACC's 13th securitization o...

Vroom (NASDAQ: VRM), an innovative ecommerce platform that offers a better way to buy and sell used vehicles, today announced that United Auto Credit Corporation (UACC), a wholly-owned subsidiary of the company, priced an auto loan securitization offering of $296.17 million in a...