Vroom Announces First Quarter 2024 Results
Vroom, Inc. (VRM)
Company Research
Source: Business Wire
Successfully Completed UACC Securitization Transaction in April 2024Continued Progress on UACC Origination Performance NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq:VRM) today announced financial results for the first quarter ended March 31, 2024.HIGHLIGHTS OF FIRST QUARTER 2024$91.0 million cash and cash equivalents as of March 31, 2024$(44.7) million net loss from continuing operations$(32.2) million Adjusted EBITDASubstantially completed the ecommerce wind-downAdopted new reporting segments to align with continuing operations at United Auto Credit (UACC) and CarStoryTom Shortt, the Company’s Chief Executive Officer, said “As we previously announced, our ecommerce wind-down was substantially completed during the first quarter of 2024. I am extremely proud of our team’s timely and orderly execution of the wind-down and continued focus on strengthening UACC’s operations. We have focused on portfolio performance at UACC and currently expect originations since early 2023 to perform
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VRM
News
- Vroom Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Vroom to Release First Quarter 2024 Earnings on May 9, 2024Business Wire
- Vroom Announces Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]Yahoo! Finance
- Vroom Announces Fourth Quarter and Full Year 2023 ResultsBusiness Wire
VRM
Earnings
- 11/7/23 - Miss
VRM
Sec Filings
- 5/13/24 - Form 8-K
- 5/10/24 - Form 10-Q
- 5/7/24 - Form DEFA14A
- VRM's page on the SEC website