Vroom (VRM) Tops Q1 EPS by 30c
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Vroom Exceeds Q1 Guidance Across All Key Financial Metrics; Vroom Announces Business Realignment Plan
May 9, 2022 4:31 PM EDTÂ
NEW YORK--(BUSINESS WIRE)-- Vroom, Inc. (Nasdaq: VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the first quarter ended March 31, 2022.
HIGHLIGHTS OF FIRST QUARTER 2022
19,473 ecommerce units sold, up 26% versus prior year Ecommerce revenue of $675.4 million, up 60% versus prior year Ecommerce gross profit of $34.3 million, up 8% versus prior year Completed the first auto loan securitization transactionThomas Shortt, Chief Executive Officer of Vroom, commented: The first quarter of 2022 surpassed our expectations... More
