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ACV Auctions Q3 2023 Earnings Report

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$14.11 -0.49 (-3.33%)
As of 03/28/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

ACV Auctions EPS Results

Actual EPS
-$0.10
Consensus EPS
-$0.14
Beat/Miss
Beat by +$0.04
One Year Ago EPS
N/A

ACV Auctions Revenue Results

Actual Revenue
$119.01 million
Expected Revenue
$119.13 million
Beat/Miss
Missed by -$120.00 thousand
YoY Revenue Growth
N/A

ACV Auctions Announcement Details

Quarter
Q3 2023
Time
N/A

Conference Call Resources

Conference Call Audio

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ACV Auctions Earnings Headlines

ACV Auctions (NASDAQ:ACVA) Stock Price Down 5.2% on Analyst Downgrade
ACV Auctions price target lowered to $20 from $24 at JPMorgan
[OPEN NOW] New rules to trade options with.
Here’s an update that could make your entire year. But first, a question. Could you get better wins if you applied a new set of rules to your trade? For example, when you meet your criteria to take a trade, could you improve your results by taking the same trade differently? From the audit I just did, it turns out the answer is a resounding YES! I applied a new set of rules to 100 live published trades from 2024. These 100 trades already got a whopping 69% win rate – taking a $10k model account risking 10% per trade to $63,304. But what happened when we applied these new rules? We got an 85.1% win rate and sent the same $10k account risking 10% per trade to over $200k!
Piper upgrades ACV Auctions on selloff, revenue growth
ACV Auctions upgraded to Overweight from Neutral at Piper Sandler
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About ACV Auctions

ACV Auctions (NASDAQ:ACVA) operates a digital marketplace that connects buyers and sellers for the online auction of wholesale vehicles. The company's marketplace platform includes digital marketplace, which connects buyers and sellers by providing online auction, which facilitates real-time transactions of wholesale vehicles; Run List for pre-filtering and pre-screening of vehicles up to 24 hours prior to an auction taking place; ACV transportation service to enable the buyers to see real-time transportation quotes and status reports of the vehicle; ACV capital, a short-term inventory financing services for buyers to purchase vehicles; and Go Green's seller assurance service for against claims related to defects in the vehicle. It also provides remarketing centers, which offers value-added services, such as vehicle reconditioning and storage for dealers and commercial partners. In addition, the company offers data services, including True360 report, which provides cosmetic and structural vehicle assessments integrated into vehicle history reports for dealer to make wholesale and retail transaction decisions on and off the marketplace; ACV market report provides transaction data and condition reports for comparable used vehicles, including pricing data from third-party sources and allows dealers to determine pricing and valuation strategies for used vehicles; and ACV MAX inventory management software enables dealers to manage their inventory and set pricing while turning vehicles. Further, it provides data and technology through inspection, such as condition reports, virtual lift solutions, apex device, and vehicle intelligence platform; and marketplace enablement, comprising MyACV application, private marketplaces, operations automation, live appraisals, and programmatic buying service. ACV Auctions Inc. was incorporated in 2014 and is headquartered in Buffalo, New York.

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