- 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 the year could have some impacts.
- Growing pains are still quite evident, with Q3 guidance pointing to a 60% q/q increase in net loss to $100-105 million from $65 million even as revenues grow 15% q/q.
For further details see:
Vroom: Strong Revenues, But Still Feeling Growing Pains