Vroom Announces First Quarter 2024 Results [Yahoo! Finance]
Vroom, Inc. (VRM)
Company Research
Source: Yahoo! Finance
NEW YORK, May 10, 2024 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 EBITDA Substantially completed the ecommerce wind-down Adopted new reporting segments to align with continuing operations at United Auto Credit (UACC) and CarStory Tom 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 at a level that enables UACC to drive toward profitability. We continue to take other a
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VRM
News
- Vroom Announces First Quarter 2024 ResultsBusiness Wire
- 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
- Vroom to Release Fourth Quarter and Fiscal Year 2023 Earnings on March 13, 2024Business 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