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ACV Auctions(ACVA) - 2023 Q4 - Annual Results
2024-02-20 16:00
ACV Announces Fourth Quarter and Full-Year 2023 Results Gained Market Share and Delivered 21% Revenue Growth Adjusted EBITDA Ahead of Guidance • Fourth quarter revenue of $118 million and full-year revenue of $481 million • Fourth quarter GAAP net income (loss) of ($23) million and full-year GAAP net income (loss) of ($75) million • Fourth quarter Adjusted EBITDA of ($5) million and full-year Adjusted EBITDA of ($18) million • Expects 2024 revenue of $610 million to $625 million, growth of 27% to 30% YoY; e ...
ACV Auctions(ACVA) - 2023 Q4 - Annual Report
2024-02-20 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ 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 47-2415221 (State or other jurisdiction of (I ...
ACV Auctions Inc. (ACVA) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Zacks Investment Research· 2024-02-19 15:21
The upcoming report from ACV Auctions Inc. (ACVA) is expected to reveal quarterly loss of $0.04 per share, indicating an increase of 75% compared to the year-ago period. Analysts forecast revenues of $117.62 million, representing an increase of 20.1% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company's earnings announcement, ...
3 Growth Stocks Poised for a 2024 Millionaire-Making Moonshot
InvestorPlace· 2024-02-02 10:00
The stock market in 2024 is off to a promising start, especially for growth stocks with millionaire potential that have reached a larger scale. However, it’s still difficult to predict where things may end up in the coming months. From my perspective, I don’t foresee a drastic downturn, at least for the first half of 2024, given the current projections for strong GDP growth and a robust job market. These tailwinds suggest growth stocks should continue performing well over the next few months.Now feels like ...
ACV to Report Fourth Quarter and Full Year 2023 Financial Results on February 21, 2024
Globenewswire· 2024-01-24 21:05
Group 1 - ACV will report its fourth quarter 2023 financial results after market close on February 21, 2024, and will host a conference call at 5:00 p.m. ET [1] - A live webcast of the conference call will be available on the Company's investor relations website, with an archived replay accessible after the event [1] Group 2 - ACV aims to transform the automotive industry by creating a trusted and efficient digital marketplace and data solutions for sourcing, selling, and managing used vehicles [2] - The offerings of ACV include ACV Auctions, ACV Transportation, ACV Capital, MAX Digital, True360, and ClearCar [2]
ACV to Showcase the Future of Vehicle Sourcing and Inventory Management at the 2024 National Automobile Dealers Association Show in Las Vegas
Newsfilter· 2024-01-11 13:30
BUFFALO, N.Y., Jan. 11, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial clients, will be taking center stage at the 2024 National Automobile Dealers Association (NADA) Show in Las Vegas. The company is focused on helping dealers "WIN with ACV" and excel in consumer acquisition, vehicle pricing and more. ACV has end-to-end solutions to help partners solve these challenges, and the team looks forward to engaging with d ...
ACV Auctions(ACVA) - 2023 Q3 - Earnings Call Transcript
2023-11-07 03:48
ACV Auctions Inc. (NASDAQ:ACVA) Q3 2023 Earnings Conference Call November 6, 2023 5:00 PM ET Company Participants Tim Fox - Vice President, Investor Relations George Chamoun - Chief Executive Officer William Zerella - Chief Financial Officer Conference Call Participants Chris Pierce - Needham & Company Eric Sheridan - Goldman Sachs Nicholas Jones - JMP Securities Ronald Josey - Citi John Colantuoni - Jefferies Bob Labick - CJS Securities Michael Graham - Canaccord Rajat Gupta - JPMorgan Chase Daniel Imbro - ...
ACV Auctions(ACVA) - 2023 Q3 - Quarterly Report
2023-11-05 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ 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 47-2415221 (Sta ...
ACV Auctions(ACVA) - 2023 Q2 - Earnings Call Transcript
2023-08-08 02:24
ACV Auctions Inc. (NASDAQ:ACVA) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Tim Fox - Vice President-Investor Relations George Chamoun - Chief Executive Officer Bill Zerella - Chief Financial Officer Conference Call Participants Michael Graham - Canaccord Nick Jones - JMP Securities Eric Sheridan - Goldman Sachs John Colantuoni - Jefferies Naved Khan - B. Riley Christopher Pierce - Needham Ronald Josey - Citi Daniel Imbro - Stephens Rajat Gupta - JPMorgan Gary Prestopino ...
ACV Auctions(ACVA) - 2023 Q2 - Earnings Call Presentation
2023-08-07 21:53
Q 2 - 2 3 E A R N I N G S P R E S E N T A T I O N A U G _ 7 _ 2 0 2 3 FORWARD LOOKING STATEMENTS Statements in this presentation regarding future performance and future expectations, beliefs, goals, plans or prospects include forward looking statements for purposes of federal and state securities laws, including statements regarding ACV’s avenues for long term growth and ...