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OPENLANE to Announce Third Quarter 2023 Earnings

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OPENLANE to release Q3 2023 financial results and host earnings conference call
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  • OPENLANE, a leading operator of digital marketplaces for wholesale used vehicles, will release its third quarter 2023 financial results after the market closes on November 1, 2023.
  • The earnings conference call and webcast will be held on November 1, 2023, at 5:00 p.m. ET.
  • Investors can access the conference call by dialing 1-833-634-2155 and joining the OPENLANE call.
  • A live webcast will be available on the investor relations section of corporate.openlane.com.
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CARMEL, Ind., Oct. 18, 2023 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its third quarter 2023 financial results after the market closes on Wednesday, November 1, 2023.

OPENLANE will also host an earnings conference call and webcast following the release on Wednesday, November 1, 2023, at 5:00 p.m. ET. The call will be hosted by OPENLANE Chief Executive Officer Peter Kelly and Chief Financial Officer Brad Lakhia. The conference call may be accessed by calling 1-833-634-2155 and asking to join the OPENLANE call. A live webcast will be available at the investor relations section of corporate.openlane.com.

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

OPENLANE Contacts


Media Inquiries:

Analyst Inquiries:

Laurie Dippold

Mike Eliason

(317) 468-3900

(317) 249-4559

laurie.dippold@openlane.com

mike.eliason@openlane.com

About OPENLANE

OPENLANE, Inc. (NYSE: KAR) provides sellers and buyers across the global wholesale used vehicle industry with innovative, technology-driven remarketing solutions. The company'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, the company has employees across the United States, Canada, Europe, Uruguay and the Philippines. For more information and the latest company news, visit corporate.openlane.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/openlane-to-announce-third-quarter-2023-earnings-301961065.html

SOURCE OPENLANE

FAQ

When will OPENLANE release its Q3 2023 financial results?

OPENLANE will release its Q3 2023 financial results after the market closes on November 1, 2023.

When is the earnings conference call and webcast?

The earnings conference call and webcast will be held on November 1, 2023, at 5:00 p.m. ET.

How can investors access the conference call?

Investors can access the conference call by dialing 1-833-634-2155 and joining the OPENLANE call.

Where can I watch the live webcast?

The live webcast will be available on the investor relations section of corporate.openlane.com.

Will there be a replay of the webcast?

Yes, an archive of the webcast will be available for replay on the investor relations section of corporate.openlane.com for a limited time.

OPENLANE, Inc

NYSE:KAR

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1.92B
105.68M
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103.36%
3.62%
Used Car Dealers
Retail Trade
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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.