CarLotz, Inc. (LOTZ) Tops Q3 EPS by 17c
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CarLotz Announces Third Quarter 2021 Financial Results
November 8, 2021 4:01 PM ESTRecord Revenue of $68.0 million in the Third Quarter, Increasing 128% versus Last Year
Retail Unit Sales Grew 58% to 2,490
RICHMOND, Va., Nov. 08, 2021 (GLOBE NEWSWIRE) -- CarLotz, Inc. (CarLotz or the Company), a leading consignment-to-retail used vehicle marketplace, today announced financial results for the third quarter ended September 30, 2021.
Third Quarter 2021 Financial Results
Net revenue increased 128% to $68.0 million from $29.8 million in the same period in 2020Retail unit sales were 2,490 compared to 1,571 in the prior year period, an increase of 58%Retail GPU was $939. Adjusted retail GPU, excluding... More