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KAR Auction Services Inc at UBS Global TMT Conference (Virtual) Transcript

Dec 06, 2021 / 08:00PM GMT
Release Date Price: €14.4 (+0.70%)
Kunal Madhukar
UBS Investment Bank, Research Division - Analyst

Good afternoon. This is Kunal. I'm the smid-cap Internet analyst at UBS. Thank you so much for joining in. It's a pleasure to host Eric Loughmiller from KAR Auction Services. He's the EVP and CFO over there.

Eric, I'm terribly sorry to have messed up your name. Welcome. Thanks for joining us.

Eric M. Loughmiller
KAR Auction Services, Inc. - Executive VP & CFO

Oh, thank you, Kunal. It's great to be here.

Questions & Answers

Kunal Madhukar
UBS Investment Bank, Research Division - Analyst

I think as a start, I wanted to start with one of the things you recently said and talked about, which is being #1 in the U.S. long term, that being your goal. Can you talk about that in terms of how far is it? Where are you in the process? And what do you need to do to kind of get there?

Eric M. Loughmiller
KAR Auction Services, Inc. - Executive VP & CFO

A great question. And when we said be #1

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