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OPENLANE(KAR) - 2025 Q4 - Earnings Call Transcript
2026-02-18 14:32
OPENLANE (NYSE:KAR) Q4 2025 Earnings call February 18, 2026 08:30 AM ET Company ParticipantsBill Wright - VP of Investor RelationsBob Labick - PresidentBrad Herring - EVP and CFOJeff Lick - Managing DirectorPeter Kelly - CEOConference Call ParticipantsCraig Kennison - Senior Research AnalystGary Prestopino - Managing Director and Senior Equity Research AnalystJohn Babcock - Stock AnalystRajat Gupta - Research AnalystOperatorPlease note this event is being recorded. I would now like to turn the conference ov ...
OPENLANE(KAR) - 2025 Q4 - Earnings Call Transcript
2026-02-18 14:30
OPENLANE (NYSE:KAR) Q4 2025 Earnings call February 18, 2026 08:30 AM ET Speaker7Please note this event is being recorded. I would now like to turn the conference over to Bill Wright, Vice President, Investor Relations. Please go ahead.Speaker0Thank you, operator. Good morning, everyone. Welcome to OPENLANE's fourth quarter in 2025 and full year earnings call. With me today are Peter Kelly, CEO of OPENLANE, and Brad Herring, EVP and CFO of OPENLANE. Our remarks today include forward-looking statements within ...
OPENLANE(KAR) - 2025 Q4 - Earnings Call Presentation
2026-02-18 13:30
Q4 2025 Earnings February 18, 2026 1 Q4 | 2025 Forward-Looking Statements Certain statements contained in this presentation include, and OPENLANE may make related oral, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, statements made that are not historical facts (including but not limited to expectations, estimates, assumptions, projections and/or financial guidance) may be forward-looking statements. Words such as "should," "may," "wil ...
OPENLANE to Announce Fourth Quarter and Full Year 2025 Earnings
Prnewswire· 2026-01-27 13:30
Core Viewpoint - OPENLANE, Inc. is set to release its fourth quarter and full year 2025 financial results on February 18, 2026, before market opening [1] Financial Results Announcement - The financial results will be announced before the market opens on February 18, 2026 [1] - An earnings conference call and webcast will follow the release at 8:30 a.m. ET on the same day [2] - The call will be hosted by CEO Peter Kelly and CFO Brad Herring, with access available via phone or live webcast [2] Webcast Availability - An archive of the webcast will be available for replay on the investor relations section of the company’s website for a limited time after the call [3] Company Overview - OPENLANE, Inc. operates a digital marketplace for wholesale used vehicles, connecting automotive manufacturers, dealers, rental companies, and financial institutions [5] - The company aims to provide a fast, fair, and transparent experience for its customers [5] - OPENLANE is headquartered in Carmel, Indiana, with employees across multiple countries including the U.S., Canada, Europe, Uruguay, and the Philippines [5]
OPENLANE to Change Stock Ticker to OPLN
Prnewswire· 2025-12-16 13:00
Group 1 - OPENLANE, Inc. will change its NYSE ticker symbol from "KAR" to "OPLN" effective December 26, 2025, aligning its investor brand with its corporate brand [1][2] - The company has undergone significant transformation in its business, technology, and customer experience since rebranding to OPENLANE two and a half years ago [2] - OPENLANE is recognized as the industry leader in off-lease remarketing, experiencing growth in both volumes and market share within the dealer-to-dealer market [2] Group 2 - OPENLANE operates a digital marketplace connecting automotive manufacturers, dealers, rental companies, fleet operators, and lending institutions, facilitating a transparent and efficient wholesale process [4] - The company is headquartered in Carmel, Indiana, and has a global presence with employees in the United States, Canada, Europe, Uruguay, and the Philippines [4]
OPENLANE Launches Audio Boost AI for Faster, Easier Vehicle Evaluations
Prnewswire· 2025-09-03 12:30
Core Insights - OPENLANE, Inc. has launched Audio Boost AI, a new feature aimed at enhancing dealer confidence and speed in vehicle evaluations by providing high-quality engine audio recordings and AI-generated highlights of potential issues [1][2][3] Group 1: Product Features - Audio Boost AI is embedded in the vehicle condition report for every dealer-consigned vehicle, allowing for quick benchmarking against a "normal" engine sound [1][2] - The tool utilizes an AI model trained on over 1.2 million engine recordings, enabling dealers to identify issues faster and make informed decisions [2][3] - Colored alert banners indicate the status of potential issues, with green for no issues and yellow for reported issues, enhancing consistency and trust in the evaluation process [2][3] Group 2: Market Impact - The introduction of Audio Boost AI is expected to provide dealers with unprecedented clarity regarding vehicle conditions, helping them make better decisions [3] - This innovation builds on previous technologies like Visual Boost AI and Code Boost IQ, reinforcing OPENLANE's commitment to leveraging cutting-edge technologies in the wholesale vehicle market [3][5] - The feature aims to streamline the wholesale process, allowing dealers to focus more on retailing rather than wholesaling [2][3]