| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | -862.5MM | -307% |
| Gross Profit | -404.5MM | - |
| Cost Of Revenue | -458MM | -312% |
| Operating Income | 120MM | +80% |
| Operating Expenses | -524.5MM | - |
| Net Income | 14.3MM | +13% |
| G&A | -222.8MM | -307% |
| Interest Expense | -77.2MM | -296% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
OPENLANE (KAR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its first quarter 2024 financial results after the market closes on Wednesday, May 1, 2024.
Here is how OPENLANE (KAR) and Xos, Inc. (XOS) have performed compared to their sector so far this year.
OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will participate in the BofA Securities Automotive Summit 2024 on Wednesday, Mar. 27, 2024, at 8:50am ET. Participating in the conference will be OPENLANE's Peter Kelly, CEO, James Coyle, EVP and President, North American Marketplaces and Mike Eliason, Treasurer and VP, Investor Relations.
OPENLANE (KAR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announced that Mike Eliason, Treasurer and Vice President of Investor Relations, is retiring after more than 25 years at the company, effective June 1, 2024. Eliason will continue to serve in his position until a successor is named to ensure a seamless transition.
OPENLANE (KAR) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
KAR Auction Services, Inc. (NYSE:KAR) Q4 2023 Earnings Call Transcript February 20, 2024 KAR Auction Services, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, and welcome to OPENLANE’s 2023 Year End Earnings Call. All participants will be […]
Company Exceeds Annual Guidance with Strategic Investments and Cost Diligence
OPENLANE, Inc. (NYSE: KAR), today reported its fourth quarter and annual financial results for the period ended December 31, 2023.