ACV Auctions(ACVA) - 2023 Q4 - Annual Results
ACVAACV Auctions(ACVA)2024-02-21 00:00

ACV Announces Fourth Quarter and Full-Year 2023 Results Gained Market Share and Delivered 21% Revenue Growth Adjusted EBITDA Ahead of Guidance • Fourth quarter revenue of 118millionandfullyearrevenueof118 million and full-year revenue of 481 million • Fourth quarter GAAP net income (loss) of (23)millionandfullyearGAAPnetincome(loss)of(23) million and full-year GAAP net income (loss) of (75) million • Fourth quarter Adjusted EBITDA of (5)millionandfullyearAdjustedEBITDAof(5) million and full-year Adjusted EBITDA of (18) million • Expects 2024 revenue of 610millionto610 million to 625 million, growth of 27% to 30% YoY; e ...