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Carvana Co (CVNA.N)

CVNA.N on New York Stock Exchange

164.78USD
18 Sep 2020
Change (% chg)

$-1.66 (-1.00%)
Prev Close
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Open
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Volume
685,621
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375,628
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$235.00
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$22.19

Latest Key Developments (Source: Significant Developments)

Carvana Qtrly Adjusted Net Loss Per Class A Share $1.18
Thursday, 7 May 2020 

May 6 (Reuters) - CARVANA::CARVANA - QTRLY REVENUE OF $1.098 BILLION, UP 45%.CARVANA - QTRLY NET LOSS PER CLASS A SHARE $1.19.CARVANA - QTRLY ADJUSTED NET LOSS PER CLASS A SHARE $1.18.CARVANA - QTRLY RETAIL UNITS SOLD TOTALED 52,427, AN INCREASE OF 43%.  Full Article

Carvana Announces Registered Direct Offering Of $600 Million
Monday, 30 Mar 2020 

March 30 (Reuters) - Carvana Co ::CARVANA CO. ANNOUNCES REGISTERED DIRECT OFFERING OF $600 MILLION.CARVANA CO - INTENDS TO USE NET PROCEEDS FROM PUBLIC OFFERING OF COMMON STOCK FOR GENERAL CORPORATE PURPOSES.  Full Article

Carvana Says Unit, Ally Bank & Ally Financial Amended Master Purchase & Sale Agreement
Thursday, 19 Mar 2020 

March 19 (Reuters) - Carvana Co ::CARVANA - UNIT, ALLY BANK & ALLY FINANCIAL AMENDED MASTER PURCHASE & SALE AGREEMENT TO ALLOW ALLY TO PURCHASE ADDITIONAL FINANCE RECEIVABLES FROM CO.CARVANA CO SAYS UNIT HAS AGREED TO SELL A POOL OF FINANCE RECEIVABLES TO ALLY - SEC FILING.  Full Article

Carvana Reports Qtrly Revenue Of $1.1 Bln, Up 89% from a year earlier
Thursday, 27 Feb 2020 

Feb 26 (Reuters) - Carvana Co ::CARVANA ANNOUNCES FOURTH QUARTER AND FULL YEAR 2019 RESULTS.CARVANA CO- QTRLY REVENUE OF $1.104 BILLION, AN INCREASE OF 89% YOY.CARVANA CO- QTRLY RETAIL UNITS SOLD OF 50,370, AN INCREASE OF 82% YOY.CARVANA CO- QTRLY TOTAL GROSS PROFIT (INCL. GIFT) OF $142.5 MILLION, AN INCREASE OF 154% YOY.  Full Article

Carvana Announces Third Quarter 2019 Financial Results
Thursday, 7 Nov 2019 

Nov 6 (Reuters) - Carvana Co ::CARVANA ANNOUNCES THIRD QUARTER 2019 FINANCIAL RESULTS.Q3 REVENUE $1.095 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.01 BILLION.QTRLY VEHICLES PURCHASED DIRECTLY FROM CUSTOMERS UP 249% YOY.QTRLY RETAIL UNITS SOLD OF 46,413, AN INCREASE OF 83% YOY.QTRLY DILUTED NET LOSS, INCLUDING GIFT, PER CLASS A SHARE WAS $0.78.QTRLY ADJUSTED NET LOSS PER CLASS A SHARE, WAS $0.56.INCREASING FY GUIDANCE FOR UNITS, REVENUE, AND GPU AND FINE TUNING GUIDANCE FOR EBITDA MARGIN.SEES FY RETAIL UNIT SALES OF 174,000 – 176,000, AN INCREASE OF 85% – 87%.SEES FY REVENUE OF $3.85 BILLION – $3.95 BILLION.SEES FY TOTAL GROSS PROFIT PER UNIT EX-GIFT OF $2,825 – $2,875.SEES FY EBITDA MARGIN EX-GIFT TOWARD THE HIGHER LOSS END OF OUR (5.5%) – (3.5%) RANGE.Q3 EARNINGS PER SHARE VIEW $-0.40 -- REFINITIV IBES DATA.FY2019 REVENUE VIEW $3.77 BILLION -- REFINITIV IBES DATA.  Full Article

Tiger Global Management Ups Share Stake In Microsoft Corp, Carvana
Wednesday, 14 Aug 2019 

Aug 14 (Reuters) - Tiger Global Management: :TIGER GLOBAL MANAGEMENT UPS SHARE STAKE IN MICROSOFT CORP BY 15% TO 15.3 MILLION SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT UPS SHARE STAKE IN CARVANA CO BY 38.1 PERCENT TO 2.8 MILLION CLASS A SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT - CHANGE IN HOLDINGS ARE AS OF JUNE 30, 2019 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF MARCH 31, 2019.  Full Article

Carvana Strengthens Midwest Operations With Indianapolis Inspection Center
Tuesday, 26 Mar 2019 

March 26 (Reuters) - Carvana Co ::CARVANA STRENGTHENS MIDWEST OPERATIONS WITH INDIANAPOLIS INSPECTION CENTER.CARVANA CO - INDIANAPOLIS INSPECTION CENTER IS 130,000-SQUARE-FOOT FACILITY, & WHEN OPERATING AT FULL CAPACITY WILL EMPLOY ABOUT 500 EMPLOYEES.  Full Article

Used car dealer Carvana expands as coronavirus fuels U.S. demand for online sales

Online used car buying platform Carvana Co on Thursday said it was nearly tripling its U.S. footprint and will expand to 100 additional markets as the coronavirus crisis prompts more consumers to embrace contactless vehicle purchases.