PARTS iD Inc. (ID) Misses Q4 EPS by 6c
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PARTS iD, Inc. Reports Fourth Quarter and 2021 Results
March 14, 2022 4:05 PM EDTFull Year Revenue Increased 11.9%; Fourth Quarter Revenue Increased 14.5%
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 fourth quarter and year ended December 31, 2021.
Full Year 2021 Financial Summary (Comparisons versus Full Year 2020)
Net revenue increased 11.9% to $448.7 million as compared to $400.8 million. Gross margin was 20.1% as compared to 21.4%. Operating expenses as a percent of net revenue... More