Carvana Co.
- Carvana Co. jumped 15.7% to $385.95 after the online used car retailer reported nearly a six-and-a-half-fold increase in quarterly earnings.
Revenue increased 41.18% to $4.8 billion from $3.4 billion, and net income jumped to $308 million from $48 million a year ago.
Adjusted EBITDA came in at $601 million, compared to $355 million a year earlier.
Operating income stood at $511 million with a 10.6% margin.
The company guided for sequential growth in third-quarter in retail unit sales and full-year adjusted EBITDA between $2.0 and $2.2 billion, up from $1.38 billion last year.
Jul 31, 2025
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