Openlane Inc (NYSE:KAR)
$ 20.5 0.17 (0.84%) Market Cap: 2.19 Bil Enterprise Value: 2.39 Bil PE Ratio: 110.22 PB Ratio: 1.65 GF Score: 75/100
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Q4 2019 KAR Auction Services Inc Earnings Call Transcript

Feb 19, 2020 / 01:30PM GMT
Release Date Price: $23.25 (+4.92%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the KAR Global Q4 and Full Year 2019 Earnings Conference Call. (Operator Instructions)

I would now like to hand the conference over to speaker today, Mike Eliason, Treasurer and Vice President of Investor Relations. Thank you. Please go ahead, sir.

Michael Eliason
KAR Auction Services, Inc. - VP of IR & Treasurer

Thanks, Dan. Good morning, and thank you for joining us today for the KAR Global Year-end 2019 Earnings Conference Call. Today, we'll discuss the financial performance of KAR Global for the quarter ended December 31, 2019. After concluding our commentary, we will take questions from participants.

Before Jim kicks off our discussion, I would like to remind you that this conference call contains forward-looking statements within the meaning of the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties that may affect KAR's business, prospects and

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