Brief: ACV Announces First Quarter 2022 Results

ACV Auctions

11/05/2022 21:36

May 11 (Reuters) - ACV Auctions Inc  ACVA.O :
    * ACV ANNOUNCES FIRST QUARTER 2022 RESULTS
    * Q1 REVENUE ROSE 49 PERCENT TO $103 MILLION
    * EXPECTS 2022 REVENUE OF $452 MILLION TO $460 MILLION
    * SEES  Q2 TOTAL REVENUE OF $109 MILLION TO $112 MILLION
    * QTRLY LOSS PER SHARE $0.19
    * Q1 EARNINGS PER SHARE VIEW $-0.16, REVENUE VIEW $101.6
MILLION
-- REFINITIV IBES DATA
    * Q2 REVENUE VIEW $113.0 MILLION -- REFINITIV IBES DATA
    * FY2022 REVENUE VIEW $459.1 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX3lZFCw 
Further company coverage:  ACVA.O 

 ((Reuters.Briefs@thomsonreuters.com;))