STOCK TITAN

KAR Auction Services, Inc. to Announce First Quarter 2023 Earnings

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

CARMEL, Ind., April 19, 2023 /PRNewswire/ -- KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its first quarter 2023 financial results after the market closes on Tuesday, May 2, 2023.

KAR will also host an earnings conference call and webcast on Wednesday, May 3, 2023, at 8:30 a.m. ET. The call will be hosted by KAR Chief Executive Officer Peter Kelly, EVP and Chief Financial Officer Brad Lakhia and Chief Accounting Officer Scott Anderson. The conference call may be accessed by calling 1-833-634-2155 and entering participant passcode "KAR." A live web cast will be available at the investor relations section of karglobal.com.

Following the call, an archive of the webcast will be available for replay on the investor relations section of karglobal.com for a limited time.

KAR Contacts


Media Inquiries:

Analyst Inquiries:

Laurie Dippold

Mike Eliason

(317) 468-3900

(317) 249-4559

laurie.dippold@karglobal.com

mike.eliason@karglobal.com

About KAR

KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), provides sellers and buyers across the global wholesale used vehicle industry with innovative, technology-driven remarketing solutions. KAR Global's unique end-to-end platform supports whole car, financing, logistics and other ancillary and related services. Our integrated marketplaces reduce risk, improve transparency and streamline transactions for customers around the globe. Headquartered in Carmel, Indiana, KAR Global has employees across the United States, Canada, Europe, Uruguay and the Philippines. For more information and the latest KAR Global news, go to www.karglobal.com and follow us on Twitter @KARspeaks.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/kar-auction-services-inc-to-announce-first-quarter-2023-earnings-301801197.html

SOURCE KAR Auction Services

OPENLANE, Inc

NYSE:KAR

KAR Rankings

KAR Latest News

KAR Stock Data

1.92B
105.68M
2.23%
103.36%
3.62%
Used Car Dealers
Retail Trade
Link
United States of America
CARMEL

About KAR

kar auction services, inc. (nyse: kar), a fortune® 1000 company, operates used vehicle auction services for north american sellers and buyers worldwide. based in carmel, ind., the kar group of companies is comprised of adesa, inc. (adesa), insurance auto auctions, inc. (iaa), automotive finance corporation, inc. (afc), and additional business units, with nearly 12,000 employees across the globe. adesa operates 65 wholesale used vehicle auctions and iaa has 165 salvage vehicle auctions. both companies offer leading online auction platforms to provide greater access for customers. afc provides inventory financing and comprehensive business services to primarily independent used vehicle dealers from its 105 locations. together, kar’s complementary businesses provide support, technology and logistics for the used vehicle industry. for more information, visit karauctionservices.com.