Carvana launches its used vehicle delivery service in its 40th market Wed, 15 Nov 2017 21:05:13 +0000 Carvana is launching today in its 40th market and second city in California as it expands its free, as-soon-as next-day vehicle delivery across the country. The Tempe-based used car online retailer’s newest launch is in Bakersfield. Carvana first moved into the California market with a launch in Los Angeles in September.
Carvana Launches its 40th Market, Expanding California Reach to Bakersfield Wed, 15 Nov 2017 14:00:00 +0000 Carvana , a leading eCommerce platform for buying used cars, today announced it’s bringing the new way to buy a car to a second California market: Bakersfield. Customers can shop for more than 7,000 vehicles, finance, purchase and even trade in an old car, all from the convenience of their home, in as little as 10 minutes.
Highlights From Carvana's In-Line Q3 Wed, 08 Nov 2017 17:43:47 +0000 Carvana Co (NYSE: CVNA ) reported second-quarter earnings Tuesday that showed a slightly better-than-expected loss of 29 cents per share versus expectations of a 30 cent per share loss on on worse-than-expected ...
Despite record revenue, Carvana sees losses widen in latest quarter Tue, 07 Nov 2017 23:15:11 +0000 Carvana Co. reported record revenue — an increase of 128 percent year over year — but also saw its loss widen in its latest quarter. Carvana (CVNA) reported a net loss of $39.8 million, or 29 cents per share, on revenue of $225.4 million for the quarter ended Sept. 30. The Tempe-based online used car seller announced its third quarter financial results today.
Ally Increases Financing of Retail Contracts for Carvana to $2 Billion Tue, 07 Nov 2017 21:10:00 +0000 DETROIT, Nov. 7, 2017 /PRNewswire/ -- Ally Financial today announced an agreement to increase financing commitments for retail contracts from Carvana, a leading eCommerce platform for buying used cars, to up to $2 billion over the next 12 months. Under the agreement, Ally will make the funding available to Carvana for financing and bulk purchases of contracts. "The increase is a testament to the strength of the relationship and shows how well we are working together to provide Carvana customers with an innovative digital financing experience," said Tim Russi, president of auto finance at Ally.
Carvana Announces Third Quarter 2017 Financial Results Tue, 07 Nov 2017 21:05:00 +0000 Carvana Co. , a leading eCommerce platform for buying used cars, today announced financial results for its third quarter ended Sept. 30, 2017. Carvana’s complete third quarter 2017 financial results and management commentary can be found by accessing the Company’s shareholder letter at: https://investors.carvana.com/financial-reports/quarterly-results/2017.
Carvana to Attend Upcoming Investor Conferences Fri, 27 Oct 2017 12:15:00 +0000 Carvana Co. , a leading eCommerce platform for buying used cars, today announced that senior management will address the investment community at the following investor
Carvana Deals Las Vegas a New Way to Buy a Car Wed, 25 Oct 2017 13:00:00 +0000 Today Carvana , a leading eCommerce platform for buying used cars, launched its Las Vegas market, providing residents with free, as-soon-as-next-day vehicle delivery and an easy, intuitive purchase process that can be done completely online in as little as 10 minutes.
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Disclaimer The stock selections in our stock investing and stock trading database are not stock recommendations, but simply represent applications of a stock investing process. All materials, including our Top Stock Picks, are provided for information purposes only and should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security. Growth Stock Analytics, LLC is not responsible for gains/losses that may result in investing or trading in these securities. All information is believed to be obtained from reliable sources, but there is no guarantee that the information supplied is accurate, complete or timely. There is no guarantee or warranty with regard to the results obtained from its use. There is no guarantee of suitability or potential value of any particular investment or information source. You acknowledge that your requests for this information are unsolicited and shall neither constitute nor be considered investment advice. Past investing performance is not an indication of future performance results. Investing and trading in stocks is risky. Investors are encouraged to consult a registered stock broker or investment adviser before making any investing decisions. The interpretations and opinions expressed herein are solely those of Growth Stock Analytics, LLC, and not of any other individual or organization.