Last Price$0.48NASDAQ Closing Price as of 4:00PM ET 8/19/22
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Today's Change-0.03(6.73%)
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CarLotz Reports Wider Q1 Net Loss; Revenue Climbs 11%

4:22PM ET 5/09/2022 MT Newswires
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