Openlane (KAR) Q2 Revenue Jumps 9%

Openlane (NYSE:KAR), a leading digital marketplace operator for wholesale used vehicles, reported its second quarter 2025 earnings on August 6, 2025. The most notable news from the release was a significant beat on both the top and bottom line: GAAP revenue reached $482 million, handily outpacing the consensus estimate of $454.5 million.Revenue increased 8.5% year-over-year in the second quarter.Operating Adjusted earnings per share came in at $0.33, well above the $0.22 expected. The company’s performance reflects ongoing strength in its dealer-driven marketplace and digital transformation. Management raised its full-year 2025 guidance, citing ongoing gains in digital transaction volume and strong financial results. Overall, this quarter showed clear momentum in both growth and profitability for Openlane.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool