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-0.000660938532716443 0.0581625908790483 0.00991407799074688 0.008592200925314 0.0112359550561798 -0.00132187706543289 -0.054857898215466 -0.0548645076007931
Stock impact report

Vroom Announces Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]

Vroom, Inc. (VRM) 
Company Research Source: Yahoo! Finance
HIGHLIGHTS OF FOURTH QUARTER AND FULL YEAR 2023 $135.6 million cash and cash equivalents as of December 31, 2023 4,780 and 17,401 Ecommerce units sold for the fourth quarter and full year, respectively, representing third consecutive quarter of Ecommerce unit growth $4,742 and $3,403 Ecommerce gross profit per unit (GPPU) for the fourth quarter and full year, respectively $(141.3) million and $(365.5) million net loss for the fourth quarter and full year, respectively $(91.6) million and $(277.2) million Adjusted EBITDA for the fourth quarter and full year, respectively, including ~$27 million impact of aged inventory liquidations and inventory write-downs due to the discontinuance of ecommerce operations $41.4 million and $74.2 million convertible note repurchases during the fourth quarter and full year, respectively, for $23.3 million and $36.5 million, respectively CURRENT PROGRESS ON VALUE MAXIMIZATION PLAN Expected to be substantially complete with the ecommerce Show less Read more
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