IAA, Inc (IAA) Tops Q1 EPS by 1c, Revenues Beat

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IAA, Inc. Announces First Quarter Fiscal 2020 Financial Results

May 6, 2020 6:50 AM EDT

Revenue Growth of 2.6% to $366.6 Million

Expands Revolving Credit Facility by $136 Million to Further Enhance Liquidity

Buyer Digital Transformation Completed in Early April, Ahead of Original Schedule

WESTCHESTER, Ill.--(BUSINESS WIRE)-- IAA, Inc. (NYSE: IAA) today announced its financial results for the first quarter of fiscal 2020, which ended March 29, 2020.

John Kett, Chief Executive Officer and President, stated, During this period of uncertainty, our focus continues to be on the health and safety of our employees,... More