Vroom (VRM) Tops Q2 EPS by 2c
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Vroom Announces Record Ecommerce Gross Profit Per Unit of $3,629
August 8, 2022 4:05 PM EDTSubstantial Progress on Long-Term Roadmap
NEW YORK--(BUSINESS WIRE)-- Vroom, Inc. (Nasdaq: VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the second quarter ended June 30, 2022.
HIGHLIGHTS OF SECOND QUARTER 2022 VERSUS FIRST QUARTER 2022
Ecommerce gross profit per unit of $3,629, up 106% SG&A expenses decreased $35.0 million Net loss improved from $310.5 million to $115.1 million Adjusted EBITDA loss improved from $107.4 million to $85.6 millionTom Shortt, Chief Executive Officer of Vroom, commented: The second... More
