Brief: Acv Auctions Q2 Revenue Rose 18 Percent To $115 Million

ACV Auctions

10/08/2022 21:58

ACV Auctions Inc  ACVA.O :
    * ACV ANNOUNCES SECOND QUARTER 2022 RESULTS
    * Q2 REVENUE ROSE 18 PERCENT TO $115 MILLION
    * SEES TOTAL REVENUE OF $104 MILLION TO $107 MILLION, AN
INCREASE
OF 13% TO 17% YEAR OVER YEAR, IN Q3 OF 2022
    * QTRLY NET LOSS PER SHARE BASIC AND DILUTED $0.16
    * SEES FULL-YEAR 2022 TOTAL REVENUE OF $427 MILLION TO $432
MILLION, AN INCREASE OF 19% TO 21% YEAR OVER YEAR
    * SEES FULLL YEAR 2022  GAAP NET LOSS OF $113 MILLION TO
$115
MILLION
    * SEES FULL YEAR 2022  NON-GAAP NET LOSS OF $65 MILLION TO
$67
MILLION
    * Q2 EARNINGS PER SHARE VIEW $-0.18, REVENUE VIEW $111.1
MILLION
-- REFINITIV IBES DATA
    * SEES Q3 NON-GAAP NET LOSS OF $15 MLNTO $16 MILLION
    * SEES Q3 GAAP NET LOSS OF $29 MILLION TO $31 MILLION

Source text for Eikon:  ID:nGNX3Y6X3c 
Further company coverage:  ACVA.O