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Sep 30, 2020
OPENLANE Q3 2020 Earnings Report
KAR Auction Services reported an increase in net income and Adjusted EBITDA for Q3 2020.
Key Takeaways
KAR Auction Services, Inc. reported a decrease in revenue by 15% but an increase in net income from continuing operations and Adjusted EBITDA for the third quarter of 2020.
Revenue decreased by 15% compared to Q3 2019.
Net income from continuing operations increased compared to Q3 2019.
Adjusted EBITDA increased by 8% compared to Q3 2019.
Operating adjusted net income from continuing operations per diluted share increased 29%.
Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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