Q4 2024 Openlane Inc Earnings Call Transcript

Feb 20, 2025

Feb 19, 2025 / 10:00PM GMT
Operator

Good day and welcome to the OPENLANE fourth-quarter and year-end results 2024 conference call.

(Operator Instructions) Please note, this event is being recorded.

I would now like to turn the conference over to Itunu Orelaru. Please go ahead.

Itunu Orelaru - Openlane Inc - Head, Investor Relations

Thanks, operator. Good afternoon, everyone.

Welcome to OPENLANE's fourth-quarter and fiscal year 2024 earnings call. With me today are Peter Kelly, CEO of OPENLANE; and Brad Lakhia, EVP and CFO of OPENLANE.

Our remarks today include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties that may cause our actual results or performance to differ materially from such statements.

Factors that could cause such differences include those discussed in our press release issued today and in our SEC filings. Certain non-GAAP financial measures as defined under SEC rules will be discussed on this call. Reconciliations of

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