Openlane Inc (NYSE:KAR)
$ 16 -0.21 (-1.3%) Market Cap: 1.73 Bil Enterprise Value: 2.04 Bil PE Ratio: 0 PB Ratio: 1.30 GF Score: 80/100
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Q4 2018 KAR Auction Services Inc Earnings Call Transcript

Feb 20, 2019 / 04:00PM GMT
Release Date Price: $17.68 (-13.25%)
Operator

Good day, ladies and gentlemen, and welcome to the KAR Auction Services, Inc. Q4 2018 Earnings Call. (Operator Instructions) As a reminder, this conference call may be recorded.

I would now like to introduce your host for today's conference, Mr. Mike Eliason, Treasurer, Vice President, Investor Relations. Sir, you may begin.

Michael Eliason
KAR Auction Services, Inc. - VP of IR & Treasurer

Thanks, Crystal. Good morning, and thank you for joining us today for the Kar Auction Services Fourth Quarter 2018 Earnings Conference Call. Today, we'll discuss the financial performance of KAR Auction Services for the quarter ended December 31, 2018. After concluding our commentary, we will take questions from participants.

Before Jim kicks off our discussion, I'd like to remind you that this conference call contains forward-looking statements within the meaning of the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties that may

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