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

KAR Auction Services Inc Financial Update Call Transcript

Sep 20, 2021 / 09:30PM GMT
Release Date Price: $15.73 (-2.42%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the KAR Global Update Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded. (Operator Instructions)

I would now like to hand the conference over to your speaker for today, Mike Eliason, you may begin.

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

Thanks, Tawanda. Good evening, and thank you for joining us for the KAR Global Business Update Conference Call. After concluding our commentary, we'll take questions from participants.

Before Peter kicks off our discussion, I would like to remind you that this presentation 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 could cause actual results to differ materially from what we present today, and such risks are described in our SEC filings. In providing forward

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