KAR Auction Services, Inc. Stock News

Openlane (KAR 15.70%), a leading digital marketplace operator for wholesale used vehicles, reported its second quarter 2025 earnings on August 6, 2025. The most notable news from the release was a significant beat on both the top and bottom line: GAAP revenue reached $482 million, handily outpacing the consensus estimate of $454.5 million.

OPENLANE, Inc. (NYSE:KAR ) Q2 2025 Earnings Conference Call August 6, 2025 8:30 AM ET Company Participants Bradley Herring - Executive VP & CFO Itunu Orelaru - Head of Investor Relations Peter J. Kelly - CEO & Director Conference Call Participants Bret David Jordan - Jefferies LLC, Research Division Craig R.

Marketplace dealer volume growth of 21% YoY Gross Merchandise Value (GMV) of approximately $7.5 billion, representing 10% YoY growth Revenue of $482 million, representing 9% YoY growth, driven by 24% growth in auction fee revenue Income from continuing operations of $33 million, representing 212% YoY growth Adjusted EBITDA of $87 million, representing 21% YoY growth Cash flow from operating act...

CARMEL, Ind. , July 16, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its second quarter 2025 financial results before the market opens on Wednesday, Aug. 6, 2025.

OPENLANE, Inc. (NYSE:KAR ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Jared Harnish - IR Peter Kelly - CEO Ryan Miller - VP of Finance, Marketplace Business Conference Call Participants Craig Kennison - Baird Rajat Gupta - JPMorgan Jeff Lick - Stephens Bret Jordan - Jefferies Operator Good day, and welcome to the OPENLANE's First Quarter 2025 Earnings Call. All...

Marketplace dealer volume growth of 15% YoY Revenue of $460 million, representing 7% YoY growth, driven by 10% YoY Marketplace growth Income from continuing operations of $37 million, representing 99% YoY growth Adjusted EBITDA of $83 million, representing 11% YoY growth Cash flow from operating activities of $123 million, representing 22% YoY growth Authorized new $250 million share repurchase...

Bolsters Leadership Bench With More Than 30 Years of Financial Management and Investor Relations Expertise CARMEL, Ind. , April 22, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the company has named Brad Herring as EVP and Chief Financial Officer effective May 27, 2025.

CARMEL, Ind. , April 16, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its first quarter 2025 financial results after the market closes on Wednesday, May 7, 2025.