Consumer Discretionary [ 10/12 ] | Specialty Retail [ 41/74 ]
NASDAQ | Common Stock
Shift Technologies, Inc., together with its subsidiaries, provides an ecommerce platform for buying and selling used cars in the United States.
The company operates in two segments, Retail and Wholesale.
It engages in the retail sale of used vehicles through its platform; and provides financing and vehicle protection products.
The company also provides value-added products, such as vehicle service contracts, guaranteed asset protection waiver coverage, wheel and tire coverage, prepaid maintenance plans, and appearance protection plans.
In addition, it is involved in the sale of used vehicles through wholesale auctions or directly to a wholesaler.
The company was founded in 2013 and is headquartered in San Francisco, California.
On October 9, 2023, Shift Technologies, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in theU. S.
Bankruptcy Court for the District of California Northern.
The US Bankruptcy Court granted an order for the joint administration of the Chapter 11 bankruptcy cases of Shift Technologies, Inc. and its affiliates on October 9, 2023.
The plan was later approved as Chapter 11 liquidation on September 26, 2024.
| Reported date | EPSChange YoY | EstimateSurprise |
|---|---|---|
| Aug 11, 23 | -1.42 Decreased by -121.87% | -2.16 Increased by +34.26% |
| May 11, 23 | -2.84 Decreased by -305.71% | -2.72 Decreased by -4.41% |
| Mar 8, 23 | 1.07 Increased by +252.86% | -4.68 Increased by +122.86% |
| Nov 8, 22 | -0.92 Decreased by -91.67% | -0.44 Decreased by -109.76% |
| Aug 9, 22 | -0.64 Decreased by -56.10% | -0.56 Decreased by -14.78% |
| May 10, 22 | -0.70 Decreased by -27.27% | -0.69 Decreased by -0.72% |
| Mar 15, 22 | -0.70 Decreased by -900.00% | -0.61 Decreased by -14.62% |
| Nov 11, 21 | -0.48 Increased by +25.00% | -0.50 Increased by +4.06% |
| Fiscal ending date | RevenueChange YoY | IncomeChange YoY | ProfitChange YoY |
|---|---|---|---|
| Jun 30, 23 | 47.26 M - | -25.78 M - | Decreased by -54.54% - |
| Mar 31, 23 | 57.69 M - | -48.10 M - | Decreased by -83.37% - |
| Dec 31, 22 | 65.57 M - | 13.02 M - | Increased by +19.85% - |
| Sep 30, 22 | 161.87 M - | -75.81 M - | Decreased by -46.83% - |