Carlotz Inc LOTZ:NASDAQ

CarLotz (LOTZ) Monday night reported a Q1 net loss of $0.22 per share on a GAAP basis, compared to a $0.15 per share loss for the used-vehicle consignment seller during the same period in 2021.

Net revenue increased 11% to $63.0 million during the three months ended March 31 from $56.6 million during the March quarter last year.

The single analyst polled by Capital IQ had been expecting a normalized net loss of $0.26 per share on $73.4 million in Q1 revenue.

Price: 0.73, Change: -0.03, Percent Change: -4.29