ACV Auctions(ACVA)
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ACV Auctions(ACVA) - 2024 Q2 - Quarterly Results
2024-08-07 20:12
ACV Announces Second Quarter 2024 Results Revenue Growth of 29% and Exceeds the High-End of Guidance • Second quarter revenue of $161 million • Second quarter GAAP net income (loss) of ($17) million • Second quarter non-GAAP net income of $3 million • Second quarter Adjusted EBITDA of $7 million • Expects 2024 revenue of $615 million to $625 million, growth of 28% to 30% YoY, net income (loss) of ($85) million to ($80) million and Adjusted EBITDA of $21 million to $25 million BUFFALO, August 7, 2024 — ACV ( ...
ACV Announces Participation in Upcoming Investor Conferences
Newsfilter· 2024-08-07 20:06
BUFFALO, N.Y., Aug. 07, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that members of its management team will present at the following upcoming investor conferences: Canaccord Genuity 44th Annual Growth Conference on Tuesday, August 13, 2024 at 4:00 p.m. ETCiti 2024 Global TMT Conference on Wednesday, September 4, 2024 at 4:40 p.m. ETGoldman Sachs Communacopia + Technology Conference on Tues ...
Curious about ACV Auctions (ACVA) Q2 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2024-08-06 14:20
Wall Street analysts expect ACV Auctions Inc. (ACVA) to post quarterly earnings of $0.02 per share in its upcoming report, which indicates a year-over-year increase of 300%. Revenues are expected to be $156.33 million, up 25.9% from the year-ago quarter.Over the last 30 days, there has been an upward revision of 2.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this ...
ACV Auctions Inc. (ACVA) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-07-31 15:06
The market expects ACV Auctions Inc. (ACVA) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be rele ...
ACV Auctions(ACVA) - 2024 Q1 - Earnings Call Transcript
2024-05-09 22:17
ACV Auctions Inc. (NASDAQ:ACVA) Q1 2024 Earnings Conference Call May 8, 2024 5:00 AM ET Company Participants George Chamoun - Chief Executive Officer Bill Zerella - Chief Financial Officer Tim Fox - Vice President, Investor Relations Conference Call Participants Bob Labick - CJS Securities Michael Graham - Canaccord Genuity Jamesmichael Sherman-Lewis - Citigroup Rajat Gupta - JP Morgan Nick Jones - Citizens GMP Gary Prestopino - Barrington Research Operator Greetings! And welcome to the ACV Q1 2024 Earning ...
ACV Auctions (ACVA) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-05-08 23:31
For the quarter ended March 2024, ACV Auctions Inc. (ACVA) reported revenue of $145.69 million, up 21.8% over the same period last year. EPS came in at $0.00, compared to -$0.03 in the year-ago quarter.The reported revenue represents a surprise of +1.08% over the Zacks Consensus Estimate of $144.14 million. With the consensus EPS estimate being $0.01, the EPS surprise was -100.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...
ACV Auctions Inc. (ACVA) Reports Break-Even Earnings for Q1
Zacks Investment Research· 2024-05-08 22:56
ACV Auctions Inc. (ACVA) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.01. This compares to loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this company would post a loss of $0.04 per share when it actually produced a loss of $0.04, delivering no surprise.Over the last four quarters, the company has surpassed consensus EPS est ...
ACV Auctions(ACVA) - 2024 Q1 - Quarterly Report
2024-05-08 21:08
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-40256 ACV Auctions Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 4 ...
ACV Auctions(ACVA) - 2024 Q1 - Quarterly Results
2024-05-08 20:11
ACV Announces First Quarter 2024 Results Delivered 22% Revenue Growth Revenue and Adjusted EBITDA at the High-End of Guidance • First quarter revenue of $146 million • First quarter GAAP net income (loss) of ($20) million • First quarter non-GAAP net income of $1 million • First quarter Adjusted EBITDA of $4 million • Expects 2024 revenue of $610 million to $625 million, growth of 27% to 30% YoY, net income (loss) of ($85) million to ($80) million and Adjusted EBITDA of $20 million to $25 million BUFFALO, M ...
Countdown to ACV Auctions (ACVA) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS
Zacks Investment Research· 2024-05-06 14:21
The upcoming report from ACV Auctions Inc. (ACVA) is expected to reveal quarterly earnings of $0.01 per share, indicating an increase of 133.3% compared to the year-ago period. Analysts forecast revenues of $144.14 million, representing an increase of 20.5% year over year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Before a company ...