PARTS iD Inc. (ID) Misses Q2 EPS by 9c
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PARTS iD, Inc. Reports Second Quarter 2021 Results
August 9, 2021 4:05 PM EDTSecond Quarter Revenues Increased 14.5% Year-Over-Year to $130.4 Million
CRANBURY, N.J.--(BUSINESS WIRE)-- PARTS iD, Inc. (NYSE American: ID) (PARTS iD or Company), the owner and operator of, among other verticals, CARiD.com, a leading digital commerce platform for the automotive aftermarket, today announced results for the second quarter ended June 30, 2021.
Second Quarter 2021 Financial Summary (Comparisons versus Second Quarter 2020)
Net revenue increased 14.5% to $130.4 million as compared to $113.9 million. Gross margin was 20.0% as compared to 21.3%. Operating expenses as a percent of net revenue were 19.4% as... More