Kar Auction Services (KAR) Tops Q2 EPS by 2c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
KAR Auction Services, Inc. Reports Second Quarter 2018 Financial Results
August 7, 2018 4:23 PM EDTCARMEL, Ind., Aug. 7, 2018 /PRNewswire/ --Â KAR Auction Services, Inc. (NYSE: KAR), today reported its second quarter financial results for the period ended June 30, 2018. For the second quarter of 2018, the company reported revenue of $956.6 million as compared with revenue of $858.0 million for the second quarter of 2017, an increase of 11%. Net income for the second quarter of 2018 increased 63% to $93.2 million, or $0.69 per diluted share, as compared with net income of $57.2 million, or $0.41 per diluted share, in the second quarter of 2017. Adjusted EBITDA for the quarter ended June 30, 2018 increased 8% to $242.2 million, as compared with... More
