Kar Auction Services (KAR) Misses Q3 EPS by 3c
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KAR Auction Services, Inc. Reports Third Quarter 2022 Financial Results
November 1, 2022 4:15 PM EDTRevenue, gross profit per vehicle sold, income from continuing operations and Adjusted EBITDA increased for the quarter despite a decrease in volumesRepurchased $600 million principal amount of senior notesRepurchased $50 million of common stock in the third quarter and an additional $50 million of common stock in October 2022
CARMEL, Ind., Nov. 1, 2022 /PRNewswire/ -- KAR Auction Services, Inc. (NYSE: KAR) today reported its third quarter financial results for the period ended September 30, 2022.
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