IAA, Inc (IAA) Tops Q3 EPS by 9c

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IAA, Inc. Announces Third Quarter Fiscal 2020 Financial Results

November 2, 2020 6:45 AM EST

Increased Year-Over-Year Profitability Driven By Record Revenue Per Unit And Margin Expansion Plan

Sequential Improvement In Assignments And Sales Volumes

WESTCHESTER, Ill.--(BUSINESS WIRE)-- IAA, Inc. (NYSE: IAA) today announced its financial results for the third quarter of fiscal 2020, which ended September 27, 2020.

John Kett, Chief Executive Officer and President, stated, We delivered stronger than anticipated third quarter results driven primarily by record revenue per unit trends and also higher than expected sales volumes. Assignments continued to improve... More