Carvana (CVNA) PT Raised to $130 at RBC Capital

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Go back to Carvana (CVNA) PT Raised to $130 at RBC Capital

Carvana Announces Record First Quarter 2024 Results

May 1, 2024 4:10 PM EDT

Achieves positive Net Income margin and industry-leading Adjusted EBITDA margin while growing retail units 16% year-over-year

Sets new Q1 records on key profitability metrics: Net Income $49 million;
Adjusted EBITDA $235 million

Carvana expects sequential increases in YoY retail unit growth rate and Adjusted EBITDA in Q21

PHOENIX--(BUSINESS WIRE)-- Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced financial results for the quarter ended March 31, 2024. Carvanas complete first quarter 2024 financial... More