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Stock impact report

ACV Auctions (NASDAQ:ACVA) Beats Q4 Sales Targets But Stock Drops [Yahoo! Finance]

ACV Auctions Inc. Class A (ACVA) 
Company Research Source: Yahoo! Finance
Online used car auction platform ACV Auctions (NASDAQ:ACVA) beat Wall Street's revenue expectations in Q4 CY2024, with sales up 34.8% year on year to $159.5 million. On the other hand, next quarter's revenue guidance of $182.5 million was less impressive, coming in 2.9% below analysts' estimates. Its GAAP loss of $0.16 per share was 11.1% below analysts' consensus estimates. Is now the time to buy ACV Auctions? Find out in our full research report ACV Auctions (ACVA) Q4 CY2024 Highlights: Revenue: $159.5 million vs analyst estimates of $155.8 million (34.8% year-on-year growth, 2.4% beat) EPS (GAAP): -$0.16 vs analyst expectations of -$0.14 (11.1% miss) Adjusted EBITDA: $5.62 million vs analyst estimates of $3.87 million (3.5% margin, 45.3% beat) Management's revenue guidance for the upcoming financial year 2025 is $775 million at the midpoint, missing analyst estimates by 1.2% and implying 21.6% growth (vs 32.5% in FY2024) EBITDA guidance for the upcoming financial yea Show less Read more
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