Vroom Inc
NASDAQ:VRM

  • LAST PRICE
    10.5600
  • TODAY'S CHANGE (%)
    0.0100 (0.0948%)
  • Bid / Lots
    10.3000/ 1
  • Ask / Lots
    10.9500/ 2
  • Open / Previous Close
    10.7000 / 10.5500
  • Day Range
    10.5100
    10.9100
  • 52 Week Range
    8.1100
    225.6000
  • Volume
    23,161

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  • May 10, 2024

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    • 5:30PM ET on Friday May 10, 2024 by Business Wire
      Companies Mentioned: VRM

      Vroom, Inc. (Nasdaq:VRM) today announced financial results for the first quarter ended March 31, 2024.

      HIGHLIGHTS OF FIRST QUARTER 2024

      $91.0 million cash and cash equivalents as of March 31, 2024 $(44.7) million net loss from continuing operations $(32.2) million Adjusted EBITDA Substantially completed the ecommerce wind-down Adopted new reporting segments to align with continuing operations at United Auto Credit (UACC) and CarStory

    • 5:30PM ET on Friday May 10, 2024 by Dow Jones
      Companies Mentioned: VRM
      Net decrease in cash, cash equivalents and restricted cash (68,313) (83,302) Cash, cash equivalents and restricted cash at the beginning of period 208,819 472,010 -------- -------- Cash, cash equivalents and restricted cash at the end of period $ 140,506 $ 388,708 ======== ======== VROOM, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (continued) (in thousands) (unaudited) Supplemental disclosure of cash flow information: Cash paid for interest $13,497 $ 6,347 ====== ======= Supplemental disclosure of non-cash investing and financing activities: ------- -------- Finance receivables from consolidation of 2022-2 securitization transaction $ -- $180,706 ====== ======= Elimination of beneficial interest from the consolidation of 2022-2 securitization transaction $ -- $ 9,811 ====== ======= Securitization debt from consolidation of 2022-2 securitization transaction $ -- $186,386 ====== ======= Reclassification of finance receivables held for sale to finance receivables at fair value, net $ -- $248,081 ====== =======

    • 5:30PM ET on Friday May 10, 2024 by Dow Jones
      Companies Mentioned: VRM

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