Acv Auctions Inc. Stock Price, News & Analysis

ACV (ACVA) reported strong Q1 2025 results with revenue reaching $183 million, up 25% year-over-year. The company's Marketplace and Service Revenue grew 28% to $166 million, with Marketplace GMV increasing 13% to $2.6 billion. While posting a GAAP net loss of ($15) million, ACV achieved non-GAAP net income of $7 million and Adjusted EBITDA of $14 million, significantly improving from $4 million in Q1 2024. For full-year 2025, ACV maintains its guidance of $765-785 million in revenue (20-23% YoY growth) and expects Adjusted EBITDA of $65-75 million. The company projects Q2 2025 revenue between $193-198 million with Adjusted EBITDA of $18-20 million. Despite challenging market conditions and ongoing used vehicle inventory shortages, ACV gained market share and saw increased traction in dealer solutions.

ACV (NYSE: ACVA), a digital automotive marketplace and data services provider, has announced its management team's participation in two upcoming investor conferences in May 2025:

- The 20th Annual Needham Technology, Media, & Consumer Conference on May 12, 2025, at 2:15 p.m. ET

- The 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference on May 13, 2025, at 3:10 p.m. ET

Webcasts for both events will be accessible through ACV's investor relations website, with archived replays available after the live presentations.

ACV (NYSE: ACVA), a digital automotive marketplace and data services partner, has announced it will release its first quarter 2025 financial results after market close on May 7, 2025. The company will host a conference call at 5:00 p.m. ET on the same day.

Investors and analysts can participate by dialing 877-704-4453 (international: 1-201-389-0920) approximately 10 minutes before the call. A live webcast will be available on ACV's investor relations website, with an archived replay accessible after the event.

ACV (ACVA), a leading digital automotive marketplace and data services partner, has announced the transfer of its common stock listing from Nasdaq to the New York Stock Exchange (NYSE). The transition is scheduled to take effect on March 24, 2025, with the stock continuing to trade under the ticker symbol 'ACVA' on Nasdaq until market close on March 21, 2025.

Bill Zerella, CFO of ACV, expressed enthusiasm about the move, highlighting the NYSE's market infrastructure and global visibility as potential enhancers of the company's stockholder reach. Chris Taylor, Chief Development Officer of NYSE, welcomed ACV to their exchange, emphasizing the unique visibility and liquidity benefits that NYSE provides to listed companies.

ACV (ACVA) reported strong Q4 and full-year 2024 results, exceeding guidance. Q4 revenue reached $160 million (up 35% YoY) with Marketplace and Service Revenue of $143 million (up 38% YoY). Full-year revenue was $637 million (up 32% YoY).

Q4 GAAP net loss was ($26) million, with Adjusted EBITDA of $6 million. Marketplace GMV grew to $2.3 billion (up 22% YoY) with 183,497 units (up 27% YoY). For 2025, ACV projects revenue of $765-785 million (20-23% YoY growth) and Adjusted EBITDA of $65-75 million (approximately 150% YoY growth at midpoint).

The company expects flat dealer wholesale market conditions in 2025 but anticipates market share gains and margin expansion as their business model scales.

ACV (NASDAQ: ACVA), a leading digital automotive marketplace and data services partner, has announced two upcoming investor events. The company will release its Q4 2024 financial results after market close on February 19, 2025, followed by a conference call at 5:00 p.m. ET. Participants can join by dialing 877-704-4453 (international: 1-201-389-0920).

Additionally, ACV will host an Analyst Day on March 11, 2025, at Convene in midtown Manhattan. The event will run from 1:00 p.m. to 4:00 p.m. ET, concluding with a management reception. Both events will be webcast live on ACV's investor relations website with archived replays available afterward.

ACV (Nasdaq: ACVA) will showcase its AI-powered data solutions at the 2025 NADA Show in New Orleans, focusing on transforming inventory acquisition, management, and dealership operations. The company will present several key innovations:

- ClearCar with new QuickQuote feature for improved inventory acquisition
- ACV MAX Appraisal, a new appraisal-only solution powered by real-time market data
- Enhanced ACV MAX Inventory Management Platform with real-time marketplace insights
- Improved buying and selling tools including package codes and rental car warranties
- ACV Transport offering nationwide vehicle shipping with instant quotes
- ACV Capital providing flexible financing solutions

The company will also participate in educational workshops, including a presentation by VP Kraig Quisenberry on profit control strategies, and compete in the Exhibitor Pitch Competition with Research Engineer Maggie Donnelly showcasing ACV AI capabilities.

ACV (Nasdaq: ACVA), a digital automotive marketplace and data services partner, announced its participation in the 4th Annual Needham Consumer Tech / Ecommerce Virtual Conference. The company's management team will present on Monday, November 25, 2024, at 11:00 am ET. A live webcast will be accessible through ACV's investor relations website, with an archived replay available after the presentation.

ACV reported strong Q3 2024 results with revenue of $171 million, up 44% year-over-year, exceeding guidance. Marketplace and Service Revenue reached $156 million, increasing 49% YoY, with Marketplace GMV of $2.5 billion, up 17%. The company posted a GAAP net loss of $16 million, improved from $18 million loss in Q3 2023, while achieving non-GAAP net income of $8 million and Adjusted EBITDA of $11 million. For full-year 2024, ACV raised guidance, expecting revenue between $630-634 million, representing 31-32% YoY growth, despite anticipating a $2 million revenue impact from recent hurricanes in southeastern regions.