Vroom: Q1 Earnings Snapshot
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HOUSTON (AP) — HOUSTON (AP) — Vroom, Inc. (VRM) on Tuesday reported a loss of $75 million in its first quarter.
On a per-share basis, the Houston-based company said it had a loss of 54 cents.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 58 cents per share.
The company posted revenue of $196.5 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $248.1 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VRM at https://www.zacks.com/ap/VRM
