Industrials [ 7/12 ] | Commercial Services & Supplies [ 40/74 ]
NYSE | Common Stock
OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in North America, Europe, the Philippines, and Uruguay.
The company operates through two segments, Marketplace and Finance.
The Marketplace segment offers digital marketplace services for buying and selling used vehicles.
Its digital marketplaces include OPENLANE, a mobile-app enabled solutions that allows dealers to sell and source inventory in the United States.
This segment also provides value-added ancillary services, including inbound and outbound transportation logistics, reconditioning, vehicle inspection and certification, titling, administrative, and collateral recovery services.
This segment sells its products and services through vehicle manufacturers, fleet companies, rental car companies, finance companies, and others.
The Finance segment offers floorplan financing, a short-term inventory-secured financing to independent used vehicle dealers.
The company serves commercial customers and dealer customers.
The company was formerly known as KAR Auction Services, Inc. and changed its name to OPENLANE, Inc. in May 2023.
OPENLANE, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana.
| Reported date | EPSChange YoY | EstimateSurprise |
|---|---|---|
| Nov 6, 24 | 0.26 Increased by +44.44% | 0.22 Increased by +18.18% |
| Aug 7, 24 | 0.19 Decreased by -24.00% | 0.21 Decreased by -9.52% |
| May 1, 24 | 0.19 Increased by +58.33% | 0.21 Decreased by -9.52% |
| Feb 20, 24 | 0.16 Decreased by -51.52% | 0.13 Increased by +23.08% |
| Nov 1, 23 | 0.18 Increased by +100.00% | 0.15 Increased by +20.00% |
| Aug 2, 23 | 0.25 Increased by +525.00% | 0.12 Increased by +108.33% |
| May 2, 23 | 0.12 Increased by +700.00% | 0.09 Increased by +33.33% |
| Feb 21, 23 | 0.33 Increased by +200.00% | 0.18 Increased by +83.33% |
| Fiscal ending date | RevenueChange YoY | IncomeChange YoY | ProfitChange YoY |
|---|---|---|---|
| Sep 30, 24 | 448.40 M Increased by +7.71% | 28.40 M Increased by +123.62% | Increased by +6.33% Increased by +107.61% |
| Jun 30, 24 | 431.80 M Increased by +3.57% | 10.70 M Increased by +105.52% | Increased by +2.48% Increased by +105.33% |
| Mar 31, 24 | 416.30 M Decreased by -1.02% | 18.50 M Increased by +45.67% | Increased by +4.44% Increased by +47.17% |
| Dec 31, 23 | 391.30 M Increased by +4.96% | 14.30 M Decreased by -61.46% | Increased by +3.65% Decreased by -63.28% |
| Sep 30, 23 | 416.30 M Increased by +5.93% | 12.70 M Increased by +2.44 K% | Increased by +3.05% Increased by +2.30 K% |
| Jun 30, 23 | 416.90 M Increased by +8.51% | -193.80 M Decreased by -3.49 K% | Decreased by -46.49% Decreased by -3.21 K% |
| Mar 31, 23 | 420.60 M Increased by +13.86% | 12.70 M Increased by +251.19% | Increased by +3.02% Increased by +232.79% |
| Dec 31, 22 | 372.80 M Decreased by -32.14% | 37.10 M Increased by +627.45% | Increased by +9.95% Increased by +972.05% |