Vroom (VRM) Misses Q4 EPS by 5c, Revenues Beat; Offers 1Q EPS Guidance Below Consensus, 1Q Revenue Mid-Point Guidance Above Consensus

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Go back to Vroom (VRM) Misses Q4 EPS by 5c, Revenues Beat; Offers 1Q EPS Guidance Below Consensus, 1Q Revenue Mid-Point Guidance Above Consensus

Vroom Reports Fourth Quarter and FY 2020 Results

March 3, 2021 4:08 PM EST

Vroom Delivers Record Ecommerce Units and Gross Profit

Quarterly and FY 2020 Ecommerce Unit Sales Up 74% and 82% YoY, respectively

Quarterly and FY 2020 Ecommerce Gross Profit Up 95% and 89% YoY, respectively

NEW YORK--(BUSINESS WIRE)-- Vroom, Inc. (Nasdaq: VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the fourth quarter and fiscal year ended December 31, 2020.

HIGHLIGHTS OF FOURTH QUARTER 2020

11,022 ecommerce units sold, up 74% YoY Ecommerce revenue of $285.0 million, up 43%... More