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VRM $8.31 +0.97%
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VRM · Vroom, Inc.
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$8.31 +0.08 (+0.97%) At close · Oct 21
Market Cap
$42.29M
Shares
5.21M
Volume · Oct 21 6569 Avg daily vol (3M) 27.19K
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Earnings call · FY2023 Q3

Vroom, Inc. (VRM) Q3 2023 Earnings Call

Concluded Nov 8, 2023
Nov 8, 2023 0 turns
Period
FY2023 Q3
Runtime
—
Sources
2 artifacts
Revenue $235.63M -30.9% YoY
Diluted EPS -$47.38
Gross margin 20.4% +0.6 pp YoY
Net income -$82.73M
Open full screen 8-K 10-Q

Executive readout · one minute

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Forward guidance

3 guided metrics

Management's latest ranges and targets are included below.

Research coverage

2 live sources

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Research materials

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Forward guidance

From the 8-K filed Nov 7, 2023.

Metric Guided
Adjusted EBITDA Lowered
full year 2023
$-245M – $-225M
Year-end cash and cash equivalents Lowered
full year 2023
$137M – $162M
Cash and Cash Equivalents
12/31/23
$137M – $162M

Quarter detail

How the reported period landed and where the business moved.

Revenue · segments

ECommerce$149.85M -33.5% YoY
Retail Financing$40.82M +0.4% YoY
Wholesale$30.90M -35.1% YoY
All Other Segments$14.06M -48.1% YoY
Full-screen source Call document