ACV Auctions: Q1 Earnings Insights

ACV Auctions ACVA reported its Q1 earnings results on Wednesday, May 11, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

ACV Auctions missed estimated earnings by 18.75%, reporting an EPS of $-0.19 versus an estimate of $-0.16.

Revenue was up $33.98 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 12.59% increase in the share price the next day.

Here's a look at ACV Auctions's past performance:

To track all earnings releases for ACV Auctions visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.