Openlane Inc (FRA:XKR)
€ 19.4 0.3 (1.57%) Market Cap: 2.08 Bil Enterprise Value: 2.27 Bil PE Ratio: 109.30 PB Ratio: 1.64 GF Score: 75/100
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Q2 2022 KAR Auction Services Inc Earnings Call Transcript

Aug 03, 2022 / 12:30PM GMT
Release Date Price: €15.5 (-5.49%)
Operator

Good morning, and welcome to the Q2 FY '22 Earnings Conference Call of KAR Auction Services, Inc. (Operator Instructions) Please note, this event has been recorded. I would now like to turn the conference over to Mr. Mike Eliason. Thank you, and over to you, sir.

Michael Eliason;Peter J. Kelly<
KAR Auction Services, Inc. - VP of IR & Treasurer

(technical difficulty) And uncertainties that may affect KAR's business, prospects and results of operations and such risks are fully detailed in our SEC filings. In providing forward-looking statements, the company expressly disclaims any obligation to update these statements. Let me also mention that for this conference call, we'll be referencing both GAAP and non-GAAP financial measures.

Reconciliations of the non-GAAP financial measures to the applicable GAAP financial measure can be found in the press release that we issued yesterday which is also available in the Investor Relations section of our website. Now I'd like to turn this call over to KAR Global's CEO, Peter Kelly. Peter?

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