Openlane Inc (FRA:XKR)
€ 14.7 0.3 (2.08%) Market Cap: 1.64 Bil Enterprise Value: 1.90 Bil PE Ratio: 213.16 PB Ratio: 1.32 GF Score: 77/100

Q2 2019 KAR Auction Services Inc Earnings Call Transcript

Aug 07, 2019 / 03:00PM GMT
Release Date Price: €19.73 (-13.31%)
Operator

Good day, ladies and gentlemen, and welcome to the KAR Auction Services, Inc. Q2 2019 Earnings Conference Call. (Operator Instructions) As a reminder, this call is being recorded.

I would now like to turn the conference over to your host, Mr. Mike Eliason, Treasurer and Vice President, Investor Relations. Sir, you may begin.

Michael Eliason
KAR Auction Services, Inc. - VP of IR & Treasurer

Thank you, Valerie. Good morning, and thank you for joining us today for the KAR Auction Services Second Quarter 2019 Earnings Conference Call. Today, we will discuss the financial performance of KAR Auction Services for the quarter ended June 30, 2019. After concluding our commentary, we will take questions from participants.

Before Jim kicks off our discussion, I'd like to remind you that this conference call contains forward-looking statements within the meaning of the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties that may

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