ACV Auctions Q2 Adj EPS $(0.01) Beats $(0.07) Estimate, Sales $124.22M Beat $119.44M Estimate
Portfolio Pulse from sunil@benzinga.com
ACV Auctions (NASDAQ:ACVA) reported Q2 losses of $(0.01) per share, beating the analyst consensus estimate of $(0.07) by 85.71%. This is a 93.75% increase over losses from the same period last year. The company also reported quarterly sales of $124.22 million, beating the analyst consensus estimate of $119.44 million by 4.00%. This is a 7.95% increase over sales from the same period last year.
August 07, 2023 | 8:31 pm
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ACV Auctions reported better than expected Q2 results, with losses and sales beating analyst estimates.
ACV Auctions reported better than expected Q2 results, with both losses per share and sales beating analyst estimates. This indicates improved performance compared to the same period last year, which could positively impact the company's stock price in the short term.
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