KAR Auction Services, Inc. Reports 2017 Financial Results
KAR Auction Services, Inc (KAR)
Last kar auction services, inc earnings: 2/18 05:00 pm
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US:NYSE Investor Relations:
karauctionservices.com/investor-relations
Company Research
Source: GlobeNewswire
2017 revenue increased 10% to $3,458.0 million.Net Income Per Share increased 64%, Operating Adjusted Net Income Per Share increased 21% and Adjusted EBITDA increased 12% over the year ended December 31, 2016.Repurchased approximately 1.0 million shares of common stock in the open market for $50 million in the fourth quarter of 2017.Recognized a reduction in income tax expense of $102.7 million relating to the re-measurement of deferred tax assets and liabilities associated with the enactment of the Tax Cuts and Jobs Act of 2017. CARMEL, Ind., Feb. 20, 2018 (GLOBE NEWSWIRE) -- KAR Auction Services, Inc. (NYSE:KAR), today reported its fourth quarter financial results for the period ended December 31, 2017. For the fourth quarter of 2017, the company reported revenue of $890.4 million as compared with revenue of $813.7 million for the fourth quarter of 2016, an increase of 9%. Net income for the fourth quarter of 2017 increased 280% to $172.8 million, or $1.27 per diluted share, as c
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KAR
Earnings
- 2/20/24 - Beat
KAR
Sec Filings
- 4/10/24 - Form 3
- 4/1/24 - Form 4
- 3/13/24 - Form 4
- KAR's page on the SEC website