RumbleOn Inc. (RMBL) Misses Q1 EPS by $7.77, Revenues Miss

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Go back to RumbleOn Inc. (RMBL) Misses Q1 EPS by $7.77, Revenues Miss

RumbleOn Reports First Quarter 2020 Results

June 29, 2020 6:15 AM EDT

Total Revenue Growth of approximately 14% Quarter over Quarter

Demonstrates Continued Progress towards Profitability

DALLAS--(BUSINESS WIRE)-- RumbleOn (NASDAQ: RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade or finance pre-owned vehicles, today announced financial results for the three months ended March 31, 2020.

Consistent with the goals we outlined last fall, we have taken prescriptive measures to drive gross margin expansion, gross profit per unit improvements and reduce operating expenses. We had a strong start to the year, with January... More