Nov 14, 2019 / 02:15PM GMT
Daniel Robert Imbro - Stephens Inc., Research Division - Research Analyst
Jump right into it here. Thank you all for joining us. We have -- I'm Daniel Imbro, Retail Broadlines analyst with Stephens. Pleased to be joined by KAR Auction Services here this morning. Joined by VP of IR, Michael Eliason, obviously, we have a number of questions we'll get to today, Mike.
But maybe starting at a high level, been a lot of change in the business. The recent spend, maybe for those newer to the story. Start at a high level -- give an overview of the business today, what the portfolio looks like, and we can go from there?
Michael Eliason - KAR Auction Services, Inc. - VP of IR & Treasurer
Yes, sure. Thanks for showing up -- good room. So we are, for those of you who don't know a lot about us. In a very quick elevator speech, we're the New York Stock Exchange of used vehicles in the wholesale marketplace. So we bring buyers/sellers together, think of us as a network effect of the company, where we're taking -- creating market, not investing in inventory or
KAR Auction Services Inc at Stephens Investor Conference Transcript
Nov 14, 2019
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