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CarLotz, Inc. (LOTZ) Tops Q2 EPS by 14c

Go back to CarLotz, Inc. (LOTZ) Tops Q2 EPS by 14c

CarLotz Announces Second Quarter 2021 Financial Results

August 9, 2021 4:05 PM EDT

Unit Sales Grew 46% to 2,009, Ahead of Expectations

Revenue Growth of 92% to $50.8 million

Record Gross Profit of $4.2 million and GPU Ahead of Expectations

Withdraws Previously Provided 2021 Outlook due to Channel Constraints

RICHMOND, Va., Aug. 09, 2021 (GLOBE NEWSWIRE) -- CarLotz, Inc. (CarLotz or the Company), a leading consignment-to-retail used vehicle marketplace, today announced financial results for the second quarter ended June 30, 2021.

Highlights of Second Quarter 2021 Financial Results

Net revenues increased 92% to... More