ACVA
ACV Auctions Inc - Class A
ACV Auctions Inc - Class A
$ACVA reports strong Q1 results with record revenue and raised full-year guidance
ACV (Nasdaq: ACVA) reported strong Q1 results driven by record revenue and expanded dealer partnerships. The management is optimistic about the end-market recovery and has raised full-year guidance. ACV expects moderate wholesale price depreciation in 2023, normalizing conversion rates. ACV's 2023 Analyst Day is on June 1 in midtown Manhattan. Non-GAAP financial measures are presented for informational purposes only, with limitations as an analytical tool. ACV cautions investors about uncertainties and risks in forward-looking statements.
17d ago
$ACVA