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

Q4 2022 KAR Auction Services Inc Earnings Call Transcript

Feb 22, 2023 / 01:30PM GMT
Release Date Price: €14 (+6.87%)
Operator

Good morning, and welcome to the KAR Auction Services, Inc. 2022 Year-End Earnings Conference Call. (Operator Instructions) Please note, this event is being recorded.

I would now like to turn the conference over to Mike Eliason, Treasurer and Vice President, Investor Relations. Please go ahead.

Michael Eliason
OPENLANE, Inc. - VP of IR & Treasurer

Thanks, Kate. Good morning, and thank you for joining us today for the KAR Global Fourth Quarter 2022 Earnings Conference Call. Today, we'll discuss the financial performance of KAR Global for the quarter ended December 31, 2022. After concluding our commentary, we'll take questions from participants.

Before Peter 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 affect KAR's business, prospects and results of operations, and such

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