So ACV Auctions just reported earnings and the stock got hammered down 15% yesterday. They beat on revenue hitting 183.6 million versus the expected 182 million, but then completely whiffed on the bottom line losing 0.11 per share instead of the penny loss analysts were looking for. Pretty brutal miss on earnings. The weird part though is that the company's actually getting better at losing less money year over year. Q4 losses improved from 0.16 to 0.11 per share, and full year was 0.48 down to 0.39. Sales are growing solid too at 15% quarterly and 19% annually. CEO's talking about margin expansion and market share gains which sounds positive on the surface. But here's the thing - they're still guiding for losses ahead. Q1 looking at minimum 0.07 per share loss and full year 2026 at least 0.29. So yeah the business metrics look okay but ACV is still deep in the red. Hard to get excited about a stock when profitability is nowhere in sight. What's your take, anyone holding this?

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin