Vroom Reports Second Quarter 2020 Results

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Go back to Vroom Reports Second Quarter 2020 Results

Vroom (VRM) Tops Q2 EPS by 36c, Revenues Beat

August 12, 2020 4:19 PM EDT

Vroom (NASDAQ: VRM) reported Q2 EPS of ($0.34), $0.36 better than the analyst estimate of ($0.70). Revenue for the quarter came in at $253.1 million versus the consensus estimate of $234.94 million.

HIGHLIGHTS OF SECOND QUARTER 2020

6,713 Ecommerce units sold, 1,110 TDA units sold, 3,259 Wholesale units soldRevenue of $253.1 millionGross profit of $7.6 millionAdjusted EBITDA of $(39.0) million(a)Loss from operations of $(41.4) millionAdjusted loss... More