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 2023 Openlane Inc Earnings Call Transcript

Feb 20, 2024 / 10:00PM GMT
Release Date Price: $14.15 (-0.77%)
Operator

Good day, and welcome to OPENLANE's 2023 year-end earnings call. (Operator Instructions) Please note, this event is being recorded.

I would now like to turn the conference over to Michael Eliason. Please go ahead.

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

Thanks, Ed. Good afternoon, and thank you for joining us today for the OPENLANE's Fourth Quarter 2023 Earnings Conference Call. Today, I will discuss the financial performance of OPENLANE for the year ended December 31, 2023. After concluding our commentary, we'll 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 are fully detailed in our SEC filings. In providing forward-looking

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