OPENLANE, Inc. Reports 2023 Financial Results [Yahoo! Finance]
KAR Auction Services, Inc (KAR)
Last kar auction services, inc earnings: 2/18 05:00 pm
Check Earnings Report
US:NYSE Investor Relations:
karauctionservices.com/investor-relations
Company Research
Source: Yahoo! Finance
"Our business made significant progress in 2023, and we are very pleased to deliver results that exceeded our guidance for the year," said Peter Kelly , CEO of OPENLANE. "We are beginning to see the positive impacts of our strategic investments in innovation and technology, our brand simplification work, as well as our continued diligence around costs. Our solid execution in the fourth quarter and throughout 2023 delivered volume growth, revenue growth and margin expansion, results that I believe position OPENLANE for future growth and success." 2023 Financial Highlights Total revenue of $1,645 million , an increase of 8% Loss from continuing operations of $155 million , including a $251 million non-cash impairment Adjusted EBITDA of $272 million , an increase of 18%, with Marketplace contributing approximately 40% Marketplace volumes increased 3% and 10% in the fourth quarter $237 million of cash flow from operating activities 2024 Guidance Annual Guidance Income
Show less
Read more
Impact Snapshot
Event Time:
KAR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KAR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KAR alerts
High impacting KAR Auction Services, Inc news events
Weekly update
A roundup of the hottest topics
KAR
News
- OPENLANE, Inc. (NYSE: KAR) had its "outperform" rating re-affirmed by analysts at Barrington Research. They now have a $25.00 price target on the stock.MarketBeat
- KAR Auction Services, Inc. (NYSE:KAR) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- OPENLANE, Inc. (NYSE: KAR) had its price target raised by analysts at Robert W. Baird from $18.00 to $20.00. They now have an "outperform" rating on the stock.MarketBeat
- OPENLANE (KAR) Misses Q1 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- OPENLANE, Inc. Reports First Quarter 2024 Financial ResultsPR Newswire
KAR
Earnings
- 5/1/24 - Miss
KAR
Sec Filings
- 5/2/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 4/26/24 - Form ARS
- KAR's page on the SEC website