Openlane Inc (NYSE:KAR)
$ 17.6 -0.38 (-2.11%) Market Cap: 1.91 Bil Enterprise Value: 2.23 Bil PE Ratio: 0 PB Ratio: 1.43 GF Score: 80/100

KAR Auction Services Inc Analyst Day (Virtual) Transcript

Sep 21, 2021 / 03:00PM GMT
Release Date Price: $15.9 (+1.08%)
Michael Eliason
KAR Auction Services, Inc. - VP of IR & Treasurer

Good morning, and thank you for joining us today for the KAR Global Analyst Day. I'm Mike Eliason, Head of Investor Relations for KAR Global. We're grateful that you are taking time today to learn more about KAR's strategic direction and future outlook. Please note that midway and after our commentary, we'll take questions from participants.

Before Peter kicks off our discussion, I'd like to remind you that this presentation contains forward-looking statements within the meaning of the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from what we presented today and such risks are fully described in our SEC filings. In providing forward-looking statements, the company expressly disclaims any obligation to update these statements.

Lastly, let me also mention that throughout this presentation, we will be referencing both GAAP and non-GAAP

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