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The Latest Breaking News from CarLotz

Tech companies chop hundreds of Bay Area jobs as layoffs mount

OAKLAND, California — Tech company layoffs are poised to eliminate hundreds of jobs in the Bay Area, an ominous new round of layoffs that might jolt the region’s primary economic engine.

Tribune News Service · Aug 19, 2022

Average Americans Are More Cautious When Making A Deal Online

Over the past year, used cars were the most commonly-bought items both online (34 percent) and in person (31 percent).

Zenger · Jul 27, 2022

After-Hours Action: Why CarLotz Stock Is Sliding

CarLotz Inc (NASDAQ: LOTZ) shares are trading lower by 3.78% at $0.49 in Tuesday's after-hours session after the company announced the closure of 11 dealership stores as part of a strategic review of its business. In addition, three locations with executed leases will not be opened.

Benzinga · Jun 21, 2022

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Looking Into CarLotz's Return On Capital Employed

Benzinga Pro data, CarLotz (NASDAQ:LOTZ) reported Q1 sales of $63.01 million. Earnings fell to a loss of $24.84 million, resulting in a 75.2% decrease from last quarter.

Benzinga · Jun 6, 2022

CarLotz Earnings Perspective: Return On Capital Employed

Benzinga Pro data, CarLotz (NASDAQ:LOTZ) reported Q4 sales of $83.11 million. Earnings fell to a loss of $14.18 million, resulting in a 307.83% decrease from last quarter.

Benzinga · Mar 17, 2022

Why CarLotz Shares Are Falling After Hours

CarLotz Inc (NASDAQ: LOTZ) shares are trading lower in Tuesday's after-hours session after the company reported financial results, but refrained from providing guidance.

Benzinga · Mar 15, 2022

CarLotz: Q4 Earnings Insights

CarLotz (NASDAQ:LOTZ) reported its Q4 earnings results on Tuesday, March 15, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings CarLotz beat estimated earnings by 20.0%, reporting an EPS of $-0.12 versus an estimate of $-0.15.

Benzinga · Mar 15, 2022

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CarLotz Launches Mobile App For Android, iOS Devices

CarLotz Inc (NASDAQ:LOTZ) has launched a mobile application available for Android and iOS devices. The app is another step of digital improvement, including launching a new website, updating online financing capabilities, and a revamped sourcing experience. CarLotz app's key features include searching and sorting inventory, buying and accessing financing instantly, and saving favorites…

Benzinga · Mar 15, 2022

CarLotz's Earnings: A Preview

CarLotz (NASDAQ:LOTZ) is set to give its latest quarterly earnings report on Tuesday, 2022-03-15. Here's what investors need to know before the announcement. Analysts estimate that CarLotz will report an earnings per share (EPS) of $-0.15.

Benzinga · Mar 14, 2022

CarLotz Launches National Partnership With Privacy4Cars

CarLotz Inc (NASDAQ:LOTZ) has launched a nationwide partnership with Privacy4Cars. Vehicles at all CarLotz hubs have been processed using Privacy4Cars technology. CarLotz will add a visual icon to sales data, in hub and online, for all vehicles available. Privacy4Cars is a tech company focused on creating privacy and compliance solutions for vehicles. "Privacy,…

Benzinga · Jan 28, 2022

Stock Wars: CarLotz Vs. Carvana

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

Benzinga · Jan 19, 2022

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