OPENLANE(US:KAR)2024-05-01 21:512024 Guidance - The company projects income from continuing operations to be between $74 million and $88 million[2] - EBITDA is projected to be between $385 million and $405 million[2] - Adjusted EBITDA is expected to be between $285 million and $305 million[2] - Income from continuing operations per share – diluted is projected to be between $0.20 and $0.30[2] - Operating adjusted net income from continuing operations per share - diluted is projected to be between $0.77 and $0.87[2] Q1 2024 Results - OPENLANE - Total operating revenues from continuing operations were $4163 million, compared to $4206 million in Q1 2023[4] - Gross profit was $2024 million, representing 486% of revenue, compared to $1964 million and 467% in Q1 2023[4] - EBITDA was $928 million, and Adjusted EBITDA was $748 million[4] - Income from continuing operations was $185 million, or $005 per share diluted[4] Q1 2024 Results - Finance - Total Finance revenue was $980 million, compared to $996 million in Q1 2023[22] - Gross profit was $812 million, representing 829% of revenue, compared to $832 million and 835% in Q1 2023[22] - Adjusted EBITDA was $397 million[22] - Revenue per loan transaction was $232[22] Marketplace Metrics - Marketplace revenue from continuing operations was $3183 million[35] - Adjusted EBITDA was $351 million, representing 110% of revenue[35] - Total vehicles sold were 372000[35] - Gross Merchandise Value was $70 billion[35]