Openlane Inc (NYSE:KAR)
$ 15.82 -0.39 (-2.41%) Market Cap: 1.71 Bil Enterprise Value: 2.04 Bil PE Ratio: 0 PB Ratio: 1.29 GF Score: 80/100
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Q2 2023 Openlane Inc Earnings Call Transcript

Aug 03, 2023 / 12:30PM GMT
Release Date Price: $14.85 (-5.11%)
Operator

Good morning, and welcome to the OPENLANE Second Quarter 2023 Earnings Conference Call. (Operator Instructions) Please note, today's event is being recorded. I would now like to turn the conference over to Michael Eliason, Treasurer and Vice President of Investor Relations. Please go ahead, sir.

Michael Eliason
OPENLANE, Inc. - VP of IR & Treasurer

Thanks, Rocco. Good morning, and thank you for joining us today for the OPENLANE Second Quarter 2023 Earnings Conference Call. Today, we'll discuss the financial performance of OPENLANE for the quarter ended June 30, 2023. After concluding our commentary, we will take questions from participants.

Before Peter kicks off our discussion, I would 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 affect OPENLANE's business, prospects and results of operations, and such risks

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