KAR Auction Services, Inc. Stock News

OPENLANE, Inc. ( KAR ) Q3 2025 Earnings Call November 5, 2025 8:30 AM EST Company Participants William Wright Peter Kelly - CEO & Director Bradley Herring - Executive VP & CFO Conference Call Participants Jeffrey Lick - Stephens Inc., Research Division Craig Kennison - Robert W. Baird & Co. Incorporated, Research Division Gary Prestopino - Barrington Research Associates, Inc., Research Division...

Marketplace dealer volume growth of 14% YoY Gross Merchandise Value (GMV) of approximately $7.3 billion, representing 9% YoY growth Revenue of $498 million, representing 8% YoY growth, driven by 20% growth in auction fee revenue Income from continuing operations of $48 million, representing 69% YoY growth Adjusted EBITDA of $87 million, representing 17% YoY growth Cash flow from operating activ...

Paradice Investment Management LLC disclosed a significant reduction in its stake in Openlane (KAR 1.44%), selling 1,187,526 shares during the quarter, an estimated $32.36 million trade based on the average price for the quarter, according to an October 20, 2025, SEC filing.

CARMEL, Ind. , Oct. 15, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its third quarter 2025 financial results before the market opens on Wednesday, Nov. 5, 2025.

Strong Market Demand for Term Loan Financing CARMEL, Ind. , Oct. 8, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, today announced it has closed its repurchase of 53% of the Company's Series A Convertible Preferred Stock and amended its existing Credit Agreement with an additional $550 million in secured term loans to fin...

Strengthens Leadership Bench With More Than 30 Years ofInvestor Relations and Financial Markets Experience CARMEL, Ind. , Oct. 6, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the appointment of Bill Wright as Vice President of Investor Relations.

CARMEL, Ind., Sept. 9, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, has reached definitive agreements to repurchase 53% of the Company's Series A Convertible Preferred Stock originally issued in June 2020.

AI-Powered Tool Pinpoints Engine Sound Anomalies to Boost Dealer Confidence CARMEL, Ind. , Sept. 3, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, today announced the launch of Audio Boost AI, a groundbreaking new feature on OPENLANE's US marketplace designed to give dealers deeper confidence and speed when evaluating veh...