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

Q2 2024 Openlane Inc Earnings Call Transcript

Aug 07, 2024 / 09:00PM GMT
Release Date Price: €15.5
Operator

Good day, and welcome to the OPENLANE second quarter 2024 earnings call. All participants will be in a listen-only mode. (Operator Instructions)

Please note this event is being recorded. I would now like to turn the conference over to Ms. Itunu Orelaru, Head of Investor Relations. Please go ahead, ma'am.

Itunu Orelaru
OPENLANE Inc - Head-Investor Relations

Good afternoon everyone. Welcome to OPENLANE's second quarter 2024 earnings call. With me today are Peter Kelly, CEO of OPENLANE; and Brad Lakhia, EVP and CFO of OPENLANE.

Our remarks today include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties that may cause our actual results or performance to differ materially from such statements. Factors that could cause such differences include those discussed in our press release issued today and in our SEC filings.

Certain non-GAAP financial measures as defined under the SEC rules will be discussed on our call.

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