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2023-05-11 19:02:33 ET Twin beats were the fuel propelling the stock of ACV Auctions (NASDAQ: ACVA) on the second-to-last day of the trading week. Following the company's announcement of its first-quarter earnings after market hours on Wednesday, investors eagerly lapped up the shar...
2023-05-10 16:32:33 ET ACV press release ( NASDAQ: ACVA ): Q1 GAAP EPS of -$0.11 beats by $0.06 . Revenue of $119.6M (+16.0% Y/Y) beats by $10.58M . Sees FY 2023 total revenue of $468 to $478 million. ACVA had guided FY 2023 revenue of $460M to $470M. The ...
Delivered Record Revenue and Adjusted EBITDA Ahead of Guidance Raises 2023 Guidance First quarter revenue of $120 million, up 16% year over year First quarter GAAP net income (loss) of ($18) million First quarter Adjusted EBITDA of ($6) million Updati...
BUFFALO, N.Y., April 19, 2023 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that it will report first quarter 2023 financial results following the close of market on Wednesday, May 10,...
2023-04-12 13:17:33 ET Summary ACV Auctions Inc. went public in March 2021 in an IPO that priced at $25.00 per share. The firm provides a variety of auction software and related services to the used car dealership market in the U.S. The industry has gone through a challenging ...
BUFFALO, N.Y., March 31, 2023 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, announces surpassing three million vehicle inspections—a third of which were completed in 2022—fuel...
2023-03-18 10:27:01 ET The broad automobile sector continues to face a tough road ahead as the inflation headwinds cut deeply into what was forecast to be a year of industry recovery and a boom for electric vehicle startups. The major focus in the months ahead will be how supply and dem...
2023-03-14 08:02:24 ET Summary The 2023 financial outlook for ACV Auctions is favorable, as the company expects to report significantly narrower losses at the EBITDA level this year. But ACVA's shares have already done pretty well since the start of this year, and its upcoming Q1 ...
BUFFALO, N.Y., March 08, 2023 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, today announced a new contract with Toyota Financial Services France (TFS) , granting them access to AI-p...
2023-03-07 10:11:13 ET Wholesale used-vehicle prices increased 4.3% on a month-to-month basis. The increase was the largest for the full month of February since 2009, although part of was due to a seasonal adjustment. Looking at the bigger picture, the Manheim Used Vehicle Value Index w...
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BUFFALO, N.Y., July 24, 2024 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Company will report second quarter 2024 financial results after market close and host a conferen...
2024-06-19 14:52:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
BUFFALO, N.Y., May 09, 2024 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that members of its management team will present at the following upcoming investor conferences: 19th An...