OPENLANE Announces Upcoming Fourth Quarter Earnings Release

OPENLANE Plans to Announce Fourth Quarter Earnings

OPENLANE, Inc. (NYSE: KAR), a prominent name in the wholesale used vehicle digital marketplace sector, is preparing to unveil its fourth quarter and full year 2024 financial results. This announcement will be made after the market closes, gathering interest from investors and industry stakeholders alike.

Earnings Conference Call Details

The company will also host a live earnings conference call and webcast following the results announcement. This event is set for a specified time, allowing participants to engage directly. Key figures at OPENLANE, including CEO Peter Kelly and CFO Brad Lakhia, will lead the discussion, providing insights into the company’s performance and future outlook.

How to Join the Conference Call

Management encourages participation from interested parties. Individuals can join the call by dialing the provided number and requesting to be part of the OPENLANE session. Additionally, a live webcast will be accessible through the company's investor relations website, ensuring that those who cannot join by phone can still follow along.

Post-Call Replay Availability

For those unable to participate live, an archived version of the webcast will be available shortly after the call concludes. This allows stakeholders to review the key points discussed, making it an accessible resource for learning about OPENLANE's financial performance and business strategies.

Open Contact Channels for Media and Analysts

OPENLANE makes communication straightforward for interested parties with clear contact information for media and analyst inquiries. Their designated contacts, Laurie Dippold for media and Itunu Orelaru for analyst questions, are available to provide further details or insights as needed.

Contact Information

Laurie Dippold can be reached at (317) 468-3900, while Itunu Orelaru can be contacted at (317) 249-4559. Such direct communication channels ensure that both media representatives and analysts receive timely responses to their queries, enhancing transparency.

About OPENLANE and Its Market Presence

OPENLANE, Inc. (NYSE: KAR) stands at the forefront of digital marketplaces within the wholesale used vehicle industry. The company’s innovative, technology-driven solutions support buyers and sellers, making transactions smoother and more transparent. OPENLANE’s integrated platform encompasses various services, from financing to logistics, streamlining the overall process.

Global Operations and Workforce

Headquartered in Carmel, Indiana, OPENLANE operates with a diverse workforce spread across multiple regions, including the United States, Canada, Europe, Uruguay, and the Philippines. This global reach positions OPENLANE as a leader in the industry, capable of meeting the needs of customers worldwide with efficiency and expertise. The company’s commitment to innovation and excellence continues to drive its growth and influence in the market.

Frequently Asked Questions

What is the significance of OPENLANE's upcoming earnings release?

The release will provide insights into the company's financial health, performance, and future prospects, which is crucial for investors and stakeholders.

When will the earnings call take place?

The call will occur shortly after the earnings release, further engaging stakeholders with real-time updates from company leaders.

How can I access the live webcast?

The live webcast can be accessed through OPENLANE's investor relations website during the earnings call, allowing audiences to listen in easily.

Who can I contact for media inquiries?

Laurie Dippold is the media contact and can be reached for any related questions or information at the provided contact number.

What services does OPENLANE offer?

OPENLANE provides technology-driven solutions that support various services, including whole car sales, financing, and logistics within the used vehicle marketplace.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

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