KAR Auction beats top-line and bottom-line estimates; updates FY25 outlook

2 hours ago 1

KAR Auction press release (NYSE:KAR): Q2 GAAP EPS of $0.15 beats by $0.03.
Revenue of $481.7M (+8.5% Y/Y) beats by $27.2M.
Marketplace dealer volume growth of 21% YoY
Gross Merchandise Value (GMV) of approximately $7.5 billion, representing 10% YoY growth

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