VRM News and Press, Vroom Inc. From 05/10/22

The following slide deck was published by Vroom, Inc. in conjunction with their 2022 Q1 earnings call. For further details see: Vroom, Inc. 2022 Q1 - Results - Earnings Call Presentation

Gainers: Vroom (VRM) +18%. Angi  (ANGI) +17%. Fluent (FLNT) +15%. Party City Holdco  (PRTY) +14%. First Watch Restaurant Group (FWRG) +10%. Losers: Regis Corporation (RGS) -38%. Kaleyra (KLR) -38%. CarGurus (CARG) -28%. National Visi...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Vroom (NASDAQ: VRM ) saw a 53% drop in its cash from $1.13 billion to $600.7 million in its latest report for the first quarter (Q1) . Obviously, it will be out of cash in short order if its losses stay this way. Vro...

Vroom (NASDAQ:VRM) soared in early trading on Tuesday after topping estimates with its Q1 earnings report and announcing a business realignment plan. E-commerce revenue was up 60% year-over-year to $675.4M during the quarter. E-commerce units sold increased 25.6% to 19,473, which was attribut...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips We’re starting off another busy day of trading with a breakdown of the biggest pre-market stock movers for Tuesday! Source: f11photo/Shutterstock.com Earnings reports continue to be a major factor on the market...

Vroom press release (NASDAQ:VRM): Q1 Non-GAAP EPS of -$0.71 beats by $0.30. Revenue of $923.8M (+56.3% Y/Y) beats by $51.09M. Vroom also announced that its board has approved a business realignment plan. Key aspects of the plan include right-sizing the organization through a workforce reducti...

Vroom (NASDAQ:VRM) said Monday it appointed COO Tom Shortt as its new CEO and a member of the board, effective immediately. Shortt succeeds Paul Hennessy, who resigned to pursue other opportunities. Robert Mylod, current board chair, will become independent executive chair. For further...

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, 2022. HIGHLIGHTS OF FIRST QUARTER 2022 19,473 ecommerce units sold, up 26% versus prior year Eco...

Robert Mylod to become Independent Executive Chair Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today announced that its Board of Directors has appointed Tom Shortt, who previously served as the Company’s Chief Operati...

On a down day for internet retail stocks, online auto retailers are performing particularly poorly. Carvana (NYSE:CVNA -15.0%) is leading the way down as a focus on profitability metrics combined with concerns on its recent dealings with Apollo Global (APO) draw the market’s ire. Share...