ACVA - Earnings announcements

Delivered Record Revenue with Adjusted EBITDA Exceeding Guidance Announces $100 Million Share Repurchase Authorization and $50 Million Accelerated Share Repurchase Program First quarter revenue of $204 million First quarter GAAP net income (loss) of ($11) million First quarter non-GAAP net income of $7 million First quarter Adjusted EBITDA of $17 million Reaffirms 2026 revenue guidance of $845 million to $855 million and Adjusted EBITDA of $73 million to $77 million; GAAP net income (loss) of ($51) million to ($47) million ACV (NYSE:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, today reported results for its

ACV (NYSE:ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, announced today that the Company will report first quarter 2026 financial results after market close and host a conference call at 5:00 p.m. ET on Wednesday, May 6, 2026. Investors and analysts interested in participating in the call are invited to dial 877-704-4453 (international callers please dial 1-201-389-0920) approximately 10 minutes prior to the start of the call. A live webcast of the call will be available on the Company's investor relations website at https://investors.acvauto.com/, and an archived replay will be available following the live event. Abou

15% Revenue Growth and Adjusted EBITDA Exceeding High-End of Guidance  Fourth quarter revenue of $184 million and full-year revenue of $760 million Fourth quarter GAAP net income (loss) of ($20) million and full-year GAAP net income (loss) of ($66) million Fourth quarter non-GAAP net income (loss) of ($1) million and full-year non-GAAP net income (loss) of $30 million Fourth quarter Adjusted EBITDA of $8 million and full-year Adjusted EBITDA of $59 million Expects 2026 revenue of $845 million to $855 million, growth of 11% to 13% YoY, GAAP net income (loss) of ($54) million to ($50) million and Adjusted EBITDA of $73 million to $77 million, growth of approximately 28% YoY at

ACV (NYSE:ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, announced today that the Company will report fourth quarter 2025 financial results after market close and host a conference call at 5:00 p.m. ET on Monday, February 23, 2026. Investors and analysts interested in participating in the call are invited to dial 877-704-4453 (international callers please dial 1-201-389-0920) approximately 10 minutes prior to the start of the call. A live webcast of the call will be available on the Company's investor relations website at https://investors.acvauto.com/, and an archived replay will be available following the live event.

Delivered Record Revenue and Unit Volume, with Increased Market Share Gains Record Marketplace Services Revenue Third quarter revenue of $200 million Third quarter GAAP net income (loss) of ($24) million Third quarter non-GAAP net income of $11 million Third quarter Adjusted EBITDA of $19 million Expects 2025 revenue of $756 million to $760 million, growth of 19% YoY, GAAP net income (loss) of ($69) million to ($67) million and Adjusted EBITDA of $56 million to $58 million ACV (NYSE:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, today reported results for its third quarter ended September 30, 2025. "We are pleased w

ACV (NYSE:ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, announced today that the Company will report third quarter 2025 financial results after market close and host a conference call at 5:00 p.m. ET on Wednesday, November 5, 2025. Investors and analysts interested in participating in the call are invited to dial 877-704-4453 (international callers please dial 1-201-389-0920) approximately 10 minutes prior to the start of the call. A live webcast of the call will be available on the Company's investor relations website at https://investors.acvauto.com/, and an archived replay will be available following the live event.

Second quarter revenue of $194 millionSecond quarter GAAP net income (loss) of ($7) millionSecond quarter non-GAAP net income of $12 millionSecond quarter Adjusted EBITDA of $19 million Expects 2025 revenue of $765 million to $775 million, growth of 20% to 22% YoY, GAAP net income (loss) of ($51) million to ($47) million and Adjusted EBITDA of $68 million to $72 million BUFFALO, N.Y., Aug. 11, 2025 (GLOBE NEWSWIRE) -- ACV (NYSE:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, today reported results for its second quarter ended June 30, 2025. "We are pleased with our second quarter results, delivering record revenue and Adjusted

BUFFALO, N.Y., July 21, 2025 (GLOBE NEWSWIRE) -- ACV (NYSE:ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Company will report second quarter 2025 financial results after market close and host a conference call at 5:00 p.m. ET on Monday, August 11, 2025. Investors and analysts interested in participating in the call are invited to dial 877-704-4453 (international callers please dial 1-201-389-0920) approximately 10 minutes prior to the start of the call.   A live webcast of the call will be available on the Company's investor relations website at https://investors.acvauto.com/, and an archived replay

Strong Revenue Growth with Adjusted EBITDA Exceeding High-End of GuidanceReiterates 2025 Guidance First quarter revenue of $183 millionFirst quarter GAAP net income (loss) of ($15) millionFirst quarter non-GAAP net income of $7 millionFirst quarter Adjusted EBITDA of $14 million Expects 2025 revenue of $765 million to $785 million, growth of 20% to 23% YoY, GAAP net income (loss) of ($60) million to ($50) million and Adjusted EBITDA of $65 million to $75 million BUFFALO, May 07, 2025 (GLOBE NEWSWIRE) -- ACV (NYSE:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, today reported results for its first quarter ended March 31, 20

BUFFALO, N.Y., April 23, 2025 (GLOBE NEWSWIRE) -- ACV (NYSE:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Company will report first quarter 2025 financial results after market close and host a conference call at 5:00 p.m. ET on Wednesday, May 7, 2025. Investors and analysts interested in participating in the call are invited to dial 877-704-4453 (international callers please dial 1-201-389-0920) approximately 10 minutes prior to the start of the call.   A live webcast of the call will be available on the Company's investor relations website at https://investors.acvauto.com/, and an archived r

Fourth quarter revenue of $160 million and full-year revenue of $637 millionFourth quarter GAAP net income (loss) of ($26) million and full-year GAAP net income (loss) of ($80) millionFourth quarter non-GAAP net income (loss) of ($1) million and full-year non-GAAP net income of $11 millionFourth quarter Adjusted EBITDA of $6 million and full-year Adjusted EBITDA of $28 millionExpects 2025 revenue of $765 million to $785 million, growth of 20% to 23% YoY, GAAP net income (loss) of ($62) million to ($52) million and Adjusted EBITDA of $65 million to $75 million, growth of approximately 150% YoY at the midpoint of guidance BUFFALO, N.Y., Feb. 19, 2025 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA),

BUFFALO, N.Y., Jan. 22, 2025 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, announced today that the Company will report fourth quarter 2024 financial results after market close and host a conference call at 5:00 p.m. ET on Wednesday, February 19, 2025. Investors and analysts interested in participating in the call are invited to dial 877-704-4453 (international callers please dial 1-201-389-0920) approximately 10 minutes prior to the start of the call. 2025 Analyst Day ACV will host an analyst meeting on March 11, 2025. The event location is Convene at 530 Fifth Avenue in midtown Manhattan

Revenue and Adjusted EBITDA Exceed High-End of GuidanceRaises 2024 Guidance Third quarter revenue of $171 millionThird quarter GAAP net income (loss) of ($16) millionThird quarter non-GAAP net income of $8 millionThird quarter Adjusted EBITDA of $11 million Expects 2024 revenue of $630 million to $634 million, growth of 31% to 32% YoY, GAAP net income (loss) of ($81) million to ($79) million and Adjusted EBITDA of $25 million to $27 million BUFFALO, N.Y., Nov. 07, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, today reported results for its third quarter ended September 30, 2024. "W

BUFFALO, N.Y., Oct. 23, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Company will report third quarter 2024 financial results after market close and host a conference call at 5:00 p.m. ET on Thursday, November 7, 2024. Investors and analysts interested in participating in the call are invited to dial 800-343-5172 (international callers please dial 1-785-424-1699) approximately 10 minutes prior to the start of the call. When prompted, please reference conference ID: ACV3Q24. A live webcast of the call will be available on the Company's investor relations website a

Second quarter revenue of $161 millionSecond quarter GAAP net income (loss) of ($17) millionSecond quarter non-GAAP net income of $3 millionSecond quarter Adjusted EBITDA of $7 million Expects 2024 revenue of $615 million to $625 million, growth of 28% to 30% YoY, GAAP net income (loss) of ($85) million to ($80) million and Adjusted EBITDA of $21 million to $25 million BUFFALO, N.Y., Aug. 07, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, today reported results for its second quarter ended June 30, 2024. "We are very pleased with our second quarter results, delivering revenue above the hig

BUFFALO, N.Y., July 24, 2024 (GLOBE NEWSWIRE) --  ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Company will report second quarter 2024 financial results after market close and host a conference call at 5:00 p.m. ET on Wednesday, August 7, 2024. Investors and analysts interested in participating in the call are invited to dial 877-704-4453 (international callers please dial 1-201-389-0920) approximately 10 minutes prior to the start of the call. A live webcast of the call will be available on the Company's investor relations website at https://investors.acvauto.com/, and an archived repla

Delivered 22% Revenue GrowthRevenue and Adjusted EBITDA at the High-End of Guidance First quarter revenue of $146 millionFirst quarter GAAP net income (loss) of ($20) millionFirst quarter non-GAAP net income of $1 millionFirst quarter Adjusted EBITDA of $4 millionExpects 2024 revenue of $610 million to $625 million, growth of 27% to 30% YoY, net income (loss) of ($85) million to ($80) million and Adjusted EBITDA of $20 million to $25 million BUFFALO, N.Y., May 08, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, today reported results for its first quarter ended March 31, 2024.

BUFFALO, N.Y., April 24, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Company will report first quarter 2024 financial results after market close and host a conference call at 5:00 p.m. ET on Wednesday, May 8, 2024. Investors and analysts interested in participating in the call are invited to dial 877-704-4453 (international callers please dial 1-201-389-0920) approximately 10 minutes prior to the start of the call. A live webcast of the call will be available on the Company's investor relations website at https://investors.acvauto.com/, and an archived replay wi

BUFFALO, N.Y., Jan. 24, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Company will report fourth quarter 2023 financial results after market close and host a conference call at 5:00 p.m. ET on Wednesday, February 21, 2024. To access the live conference call, please pre-register using this link. Registrants will receive confirmation with dial-in details.   A live webcast of the call will be available on the Company's investor relations website at https://investors.acvauto.com/, and an archived replay will be available following the live event.   About ACVACV is on

Delivers Strong Revenue with Adjusted EBITDA Ahead of GuidanceRaises 2023 Guidance Third quarter revenue of $119 million, up 13% year over yearThird quarter GAAP net income (loss) of ($18) millionThird quarter Adjusted EBITDA of ($4) million Updating 2023 guidance: Revenue of $479 million to $483 million, growth of 14% to 15% YoYGAAP net income (loss) of ($75) to ($77) millionAdjusted EBITDA of ($20) million to ($22) million BUFFALO, N.Y., Nov. 06, 2023 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, today reported results for its third quarter ended September 30, 2023. "We are very pleased wi

BUFFALO, N.Y., Oct. 16, 2023 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Company will report third quarter 2023 financial results after market close and host a conference call at 5:00 p.m. ET on Monday, November 6, 2023. To access the live conference call, please pre-register using this link. Registrants will receive confirmation with dial-in details.   A live webcast of the call will be available on the Company's investor relations website at https://investors.acvauto.com/, and an archived replay will be available following the live event.   About ACVACV is on a mi

Delivers Record Revenue with Adjusted EBITDA Ahead of Guidance Raises 2023 Guidance Second quarter revenue of $124 million, up 8% year over yearSecond quarter GAAP net income (loss) of ($16) millionSecond quarter Adjusted EBITDA of ($4) million Updating 2023 guidance: Revenue of $474 million to $482 million, representing growth of 12% to 14% YoYGAAP net income (loss) of ($79) to ($83) millionAdjusted EBITDA of ($23) million to ($27) million BUFFALO, N.Y., Aug. 07, 2023 (GLOBE NEWSWIRE) --  ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, today reported results for its second quarter ended June 30, 2023. "We are ve

BUFFALO, N.Y., July 17, 2023 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Company will report second quarter 2023 financial results after market close and host a conference call at 5:00 p.m. ET on Monday, August 7, 2023. To access the live conference call, please pre-register using this link. Registrants will receive confirmation with dial-in details.   The Company also announced that members of its management team will participate in the Canaccord Genuity 43rd Annual Growth Conference on Wednesday, August 9, 2023 at 11:30 a.m. ET. Webcasts of both events will be ava

Delivered Record Revenue and Adjusted EBITDA Ahead of GuidanceRaises 2023 Guidance First quarter revenue of $120 million, up 16% year over yearFirst quarter GAAP net income (loss) of ($18) millionFirst quarter Adjusted EBITDA of ($6) million Updating 2023 guidance: Revenue of $468 million to $478 million, representing growth of 11% to 13% YoYGAAP net income (loss) of ($87) to ($92) millionAdjusted EBITDA of ($27) million to ($32) million BUFFALO, N.Y., May 10, 2023 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, today reported results for its first quarter ended March 31, 2023. "We are

Total investment income increased 65% to $1.85 million for the quarter compared with the first quarter last year driven by strong growth in interest, dividend and fee income First quarter net investment income per share was $0.28 compared with $0.30 in the prior-year first quarter; Non-GAAP adjusted net investment income per share increased 86% to $0.39 compared with $0.21 in the first quarter of 2022 Net asset value per share ("NAV") increased 3% to $23.00 at March 31, 2023 from $22.36 at December 31, 2022 Invested $5.6 million in new and follow on investments during the first quarter 2023 while receiving $0.5 million from portfolio investment sales and payments Increased regu

BUFFALO, N.Y., April 19, 2023 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that it will report first quarter 2023 financial results following the close of market on Wednesday, May 10, 2023. On that day, management will host a conference call and live webcast to discuss financial results at 5:00 p.m. ET. When: Wednesday, May 10, 2023 Time: 5:00 p.m. EDT To access the live conference call, please pre-register using this link. Registrants will receive confirmation with dial-in details. A live webcast of the call can be accessed here. Participants are encouraged to join the webc

BUFFALO, N.Y., Jan. 25, 2023 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, announced today that it will report fourth quarter and full year 2022 financial results following the close of market on Wednesday, February 22, 2023. On that day, management will host a conference call and live webcast to discuss financial results at 5:00 p.m. ET. When: Wednesday, February 22, 2023 Time: 5:00 p.m. ET To access the live conference call, please pre-register using this link. Registrants will receive confirmation with dial-in details. A live webcast of the call can be accessed here. Participan

Expanded debt portfolio and portfolio dividends drove total investment income to $1.6 million in the third quarter, up 54% over prior-year period Net investment income per share increased to $0.39 compared with $0.02 in the prior-year period; Adjusted net investment income per share doubled to $0.40 Net asset value per share ("NAV") was $22.62 at September 30, 2022, up 1% from June 30, 2022 largely due to changes in market value of portfolio holdings and investment income Completed portfolio company follow-on equity investment of $400,000 in the quarter Rand Capital Corporation (NASDAQ:RAND) ("Rand" or the "Company"), a business development company providing alternative financing f

BUFFALO, N.Y., Oct. 19, 2022 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), announced today that it will report third quarter 2022 financial results following the close of market on Wednesday, November 9, 2022. On that day, management will host a conference call and live webcast to discuss financial results at 5:00 p.m. ET. When: Wednesday, November 9, 2022 Time: 5:00 p.m. EDT To access the live conference call, please pre-register using this link. Registrants will receive confirmation with dial-in details. A live webcast of the call can be accessed here. Participants are encouraged to join the webcast unless asking a question. An archived webcast of the conference call will be available on t

BUFFALO, N.Y., July 20, 2022 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), announced today that it will report second quarter 2022 financial results following the close of market on Wednesday, August 10, 2022. On that day, management will host a conference call and live webcast to discuss financial results at 5:00 p.m. ET. When: Wednesday, August 10, 2022 Time: 5:00 p.m. ET To access the live conference call, please pre-register using this link. Registrants will receive confirmation with dial-in details. A live webcast of the call can be accessed here. Participants are encouraged to join the webcast unless asking a question. An archived webcast of the conference call will be available on the

BUFFALO, N.Y., April 20, 2022 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), announced today that it will report first quarter 2022 financial results following the close of market on Wednesday, May 11, 2022. On that day, management will host a conference call and live webcast to discuss financial results at 5:00 p.m. ET. When: Wednesday, May 11, 2022 Time: 5:00 p.m. ET Live Call: (833) 607-1658 or (914) 987-7871; Conference ID: 7994285 Live Webcast: https://investors.acvauto.com An archived webcast of the conference call will be available on the investor relations page of the Company's website at https://investors.acvauto.com. A telephonic replay of the conference call will be available until

Strengthened debt portfolio, transaction fees and portfolio dividends drove total investment income of $4.1 million in 2021, up 31% over 2020; Fourth quarter total investment income grew 17% to $1.2 million Net asset value per share ("NAV") was $23.54 at year-end, up 1% from September 30, 2021 and up 32% compared with $17.86 per share at December 31, 2020 Total investments in the quarter were $4.6 million and for the year totaled $19.7 million Rand repaid $11 million of SBA obligations during the fourth quarter Declared total dividends of $0.44 per share in 2021 Announced regular quarterly dividend of $0.15 per share for first quarter 2022, up 50% compared with quarterly dividend

BUFFALO, N.Y., Jan. 18, 2022 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA) announced today that it will host an analyst day on Tuesday, March 1, 2022 in New York City. ACV also announced that it will report fourth quarter and full year 2021 financial results following the close of market on Wednesday, February 16, 2022. On that day, management will host a conference call and live webcast at 5:00 p.m. ET to discuss the company's strong fourth quarter financial results that are expected to exceed the high-end of the Revenue guidance range provided on November 10, 2021, and a lower-than-expected Adjusted EBITDA loss. Analyst Day ACV's analyst meeting will feature George Chamoun, CEO of ACV, and Bil

BUFFALO, N.Y., Oct. 25, 2021 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), announced today that it will report third quarter 2021 financial results following the close of market on Wednesday, November 10, 2021. On that day, management will host a conference call and live webcast to discuss financial results at 5:00p.m. ET. When: Wednesday, November 10, 2021 Time: 5:00 p.m. ET Live Call: (833) 607-1658 or (914) 987-7871; Conference ID: 5947498 Live Webcast: https://investors.acvauto.com An archived webcast of the conference call will be available on the investor relations page of the Company's website at https://investors.acvauto.com. A telephonic replay of the conference call will be availab

BUFFALO, N.Y., July 26, 2021 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), announced today that it will report second quarter 2021 financial results following the close of market on Wednesday, August 11, 2021. On that day, management will host a conference call and live webcast to discuss financial results at 5:00 p.m. ET. When: Wednesday, August 11, 2021 Time: 5:00 p.m. ET Live Call: (833) 607-1658 or (914) 987-7871; Conference ID: 8139887 Live Webcast: https://investors.acvauto.com An archived webcast of the conference call will be available on the investor relations page of the company's website at https://investors.acvauto.com. A telephonic replay of the conference call will be available