CARMEL, Ind., Oct. 18, 2023 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its third quarter 2023 financial results after the market closes on Wednesday, November 1, 2023.
OPENLANE will also host an earnings conference call and webcast following the release on Wednesday, November 1, 2023, at 5:00 p.m. ET. The call will be hosted by OPENLANE Chief Executive Officer Peter Kelly and Chief Financial Officer Brad Lakhia. The conference call may be accessed by calling 1-833-634-2155 and asking to join the OPENLANE call. A live webcast will be available at the investor relations section of corporate.openlane.com.
CARMEL, Ind., Aug. 4, 2023 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will participate in the J.P. Morgan 2023 Auto Conference on Thursday, August 10, 2023, at 8:45am ET. Participating in the conference will be OPENLANE Chief Executive Officer Peter Kelly, Chief Financial Officer Brad Lakhia and Treasurer and Vice President Investor Relations Mike Eliason.
CARMEL, Ind., Aug. 2, 2023 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), today reported its second quarter financial results for the period ended June 30, 2023.
"I am very pleased with our solid performance in the second quarter. Against an industry backdrop of continued tight supply, we delivered strong growth in revenue, total gross profit and adjusted EBITDA," said Peter Kelly, CEO of OPENLANE. "Our performance was led by our Marketplace segment, which, given the scalability of our asset-light, digital model, is very well positioned to help build on our positive operational and financial performance. And our rebrand and associated platform consolidation strategy is beginning to take meaningful shape, creating more liquid and cost efficient markets that help our customers achieve better outcomes while accelerating innovation and growth at OPENLANE."
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