CarLotz, Inc. (LOTZ) Misses Q1 EPS by 1c, Revenue Tops Views
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CarLotz Announces Record Revenue and Retail Unit Sales in First Quarter 2021
May 10, 2021 4:05 PM EDTFirst Quarter Revenue Growth of 123% to $56.6 million, Ahead of Expectations
First Quarter Unit Sales Grew 76% to 2,554, Ahead of Expectations
RICHMOND, Va., May 10, 2021 (GLOBE NEWSWIRE) -- CarLotz, Inc. (CarLotz or the Company), a leading consignment-to-retail used vehicle marketplace, today announced financial results for the first quarter ended March 31, 2021.
Highlights of First Quarter 2021 Financial Results
Net revenues increased 123% to $56.6 million from $25.4 million in the same period in 2020Retail unit sales were 2,554 compared to 1,453 in the prior year period, an increase of 76%Net Loss attributable to common shareholders... More
