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PARTS iD (NYSE American: ID) announced participation in the Canaccord Genuity eCommerce Sustainable Advantage Forum on March 24, 2021. CEO Nino Ciappina and COO Ajay Roy will partake in a fireside chat at 3:00 p.m. Eastern Time, with a live webcast available on their website. Established in 2008, PARTS iD has emerged as a leader in the digital automotive aftermarket, focusing on unique user experiences and comprehensive product offerings to enhance online shopping in niche markets.
PARTS iD (NYSE American: ID) announced its participation in the DA Davidson 4th Annual Consumer Growth Conference on March 11, 2021. CEO Nino Ciappina and CFO Kailas Agrawal will participate in a fireside chat at 10:15 a.m. Eastern Time. A live webcast of the event will be available on the company's website. Established in 2008, PARTS iD focuses on the automotive aftermarket through its digital commerce platform, CARiD.com, enhancing user experience with innovative shopping solutions and a variety of product offerings.
PARTS iD (NYSE American: ID) reported a robust performance for the full year and fourth quarter of 2020. Net revenue surged by 39.3% to $400.8 million, driven by increased website traffic and conversion rates. Operating income improved to $1.3 million from a loss of $(0.8) million in 2019, while net income rose to $2.1 million compared to a net loss of $(0.7) million. The fourth quarter saw a 32.8% revenue increase to $93.1 million, but operating loss widened to $(6.6) million. Cash reserves increased from $13.6 million to $22.2 million.
PARTS iD, Inc. (NYSE American: ID) will announce its financial results for Q4 and the year ending December 31, 2020, on March 9, 2021, after market close. A conference call will follow at 4:30 p.m. ET to discuss these results. Investors can join via phone at (877) 407-9129 (domestic) or (201) 493-6753 (international), and also through a live webcast on the company's website. A replay will be available until March 23, 2021. PARTS iD specializes in the automotive aftermarket, offering a broad range of products and innovative digital commerce solutions.
PARTS iD, Inc. (NYSE American: ID), operator of CARiD.com, a top online platform for automotive aftermarket products, will participate in the 2021 ICR Conference. The presentation is scheduled for Wednesday, January 13, 2021, at 10:30 a.m. Eastern Time. A live webcast will be available on their official website. Founded in 2008, PARTS iD focuses on innovation in digital commerce, aiming to enhance user experience in the automotive parts market through diverse product offerings and technology.
