CarLotz, Inc. (LOTZ) Tops Q4 EPS by 3c
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CarLotz Announces Fourth Quarter and Fiscal 2021 Financial Results
March 15, 2022 4:30 PM EDTFourth Quarter Revenue Grew 124% versus Last Year to $83.1 million Fourth Quarter Retail Unit Sales Grew 49% versus Last Year to 2,695Fourth Quarter F&I Revenue Grew 139% versus Last Year
RICHMOND, Va., March 15, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (CarLotz or the Company), a leading consignment-to-retail used vehicle marketplace, today announced financial results for the fourth quarter and fiscal year ended December 31, 2021.
Fourth Quarter 2021 Financial Results
Net revenue increased 124% to $83.1 million from $37.0 million in the same period in 2020Retail unit sales increased 49% to 2,695 compared to 1,815 in... MoreCarLotz Announces CEO Transition
March 15, 2022 4:30 PM EDTRICHMOND, Va., March 15, 2022 (GLOBE NEWSWIRE) -- CarLotz (CarLotz or the Company), a leading consignment-to-retail used vehicle marketplace, announced today the appointment of Lev Peker to the role of Chief Executive Officer, effective April 18, 2022.
Lev brings to CarLotz an exceptional blend of senior executive leadership experience, proven industry capabilities in online retail and a track record of shareholder value creation, said Luis Solorzano, Chairman of the Board for CarLotz. We believe... More
CarLotz Launches Mobile App
March 14, 2022 4:14 PM EDTOngoing digital improvements strengthen the company's Omnichannel, consumer-centric model
RICHMOND, Va., March 14, 2022 /PRNewswire/ -- CarLotz (NASDAQ: LOTZ), the nation's largest consignment-to-retail used vehicle marketplace, announced today that it has launched a mobile application. The app is available for Android and iOS devices in the App Store and Google Play.
... More
