ACV AUCTIONS INC. overview

BUFFALO, N.Y., May 09, 2024 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that members of its management team will present at the following upcoming investor conferences: 19th Annual Needham Technology, Media, & Consumer Conference on Thursday, May 16, 2024 at 11:00 a.m. ET 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 21, 2024 at 4:25...

BUFFALO, N.Y., May 08, 2024 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial clients, is delivering innovative solutions to more dealers across the country who are navigating the complexities of the current automotive market, including lean inventory and pricing fluctuations. ACV’s winning combination of products—including its consumer acquisition solution, ClearCar ; inventory management and appraisal...

Delivered 22% Revenue Growth Revenue and Adjusted EBITDA at the High-End of Guidance First quarter revenue of $146 million First quarter GAAP net income (loss) of ($20) million First quarter non-GAAP net income of $1 million First quarter Adjusted EBITDA of $4 million Expects 2024 revenue of $610 million to $625 million, growth of 27% to 30% YoY, net income (loss) of ($85) million to ($80) million and Adjusted EBITDA of $20 million to $25 million BUFFALO, N.Y., May 08, 2024 (GLOBE NEWSWIRE) --...

BUFFALO, N.Y., April 24, 2024 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Company will report first quarter 2024 financial results after market close and host a conference call at 5:00 p.m. ET on Wednesday, May 8, 2024. Investors and analysts interested in participating in the call are invited to dial 877-704-4453 (international callers please dial 1-201-389-0920)...

BUFFALO, N.Y., April 15, 2024 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial clients, continues to support the evolving transportation service needs of its customers and partners. Recently, the company announced that ACV Transportation , a leading provider of vehicle logistics solutions, has expanded its services to include vehicles that were not purchased on the ACV platform. ACV Transportation offers...

BUFFALO, N.Y., Feb. 28, 2024 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that members of its management team will present at The Citizens JMP Technology Conference on Tuesday, March 5, 2024 at 12:30 pm PT. A webcast of this event will be available on the Company’s investor relations website at https://investors.acvauto.com/ . An archived replay will be available following the live...

BUFFALO, N.Y., Feb. 21, 2024 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial clients, is pleased to announce the settlement of its antitrust litigation related to the AutoIMS technology platform (ACV Auctions Inc. v. National Auto Auction Association, Inc., et al.). AutoIMS serves the wholesale automotive remarketing industry with a tool that connects auto auctions, consignors, third-party services providers,...

Gained Market Share and Delivered 21% Revenue Growth Adjusted EBITDA Ahead of Guidance Fourth quarter revenue of $118 million and full-year revenue of $481 million Fourth quarter GAAP net income (loss) of ($23) million and full-year GAAP net income (loss) of ($75) million Fourth quarter Adjusted EBITDA of ($5) million and full-year Adjusted EBITDA of ($18) million Expects 2024 revenue of $610 million to $625 million, growth of 27% to 30% YoY; expects 2024 Adjusted EBITDA of $20 million to $25...