PARTS iD Inc. (ID) Misses Q3 EPS by 20c
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PARTS iD, Inc. Reports Third Quarter 2022 Results
November 9, 2022 4:05 PM ESTCRANBURY, 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 third quarter ended September 30, 2022.
Third Quarter 2022 Financial Summary (Comparisons versus Third Quarter 2021)
Net revenue was $79.9 million as compared to $102.6 million. Gross margin was 19.9% as compared to 19.8%. Operating expenses as a percent of net revenue were 23.7% as compared to... More