ACV Auctions Inc (ACVA) reported a third-quarter loss of $0.03 per share for fiscal 2025, surpassing analysts' expectations of a loss of $0.07. Revenue matched estimates at $0.2 billion, indicating stability in performance despite market conditions.
The company, headquartered in Buffalo, New York, operates a digital marketplace for wholesale vehicle transactions and data services. It employs approximately 2,900 full-time staff and went public on March 24, 2021. The marketplace platform includes Digital Marketplace, Remarketing Centers, and Data Services, which leverage data insights to facilitate vehicle transactions.
ACV Auctions will host its earnings conference call to discuss these results further. Investors are encouraged to review the full earnings release for additional context on the company's operational performance and outlook.
Looking ahead, the company anticipates its next earnings report on August 9, 2026, with an estimated EPS of $0.0087 and revenue of $0.2 billion. The market cap stands at $929.72 million, with a trailing twelve-month EPS of -0.38.