CarLotz, Inc. (LOTZ) Misses Q1 EPS by 3c

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Go back to CarLotz, Inc. (LOTZ) Misses Q1 EPS by 3c

CarLotz Announces First Quarter Fiscal 2022 Financial Results

May 9, 2022 4:01 PM EDT

First Quarter Revenue Grew 11% versus Last Year to $63.0 millionFirst Quarter Retail Unit Sales of 2,270First Quarter F&I Revenue Grew 138% versus Last Year

RICHMOND, Va., May 09, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the Company or CarLotz; NASDAQ: LOTZ), a leading consignment-to-retail used vehicle marketplace, today announced financial results for the first quarter ended March 31, 2022.

First Quarter 2022 Financial Results

Net revenue increased 11% to $63.0 million from $56.6 million in the same period in 2021Retail unit sales were 2,270 compared to 2,554 in the same period in... More