Carvana Co. (NYSE: CVNA) reported Q1 revenue of $2.25 billion versus the consensus estimate of $1.95 billion.

“First quarter results were exceptional across all key metrics. We delivered triple-digit revenue growth and record retail unit sales while simultaneously increasing GPU and driving operating leverage,” said Ernie Garcia, founder and CEO of Carvana. “While we are extremely proud of these results, we are even prouder of the team that got us here, of the business we have built together, and of the great experiences that we deliver to our customers.”

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