ACV Auctions reports Q1 EPS (13c), consensus (9c)

Reports Q1 revenue $145.69M, consensus $143.96M. “We are very pleased with our strong first quarter results with revenue at the high-end of our guidance range, strong year-over-year margin expansion, and Adjusted EBITDA at the high-end of guidance range, resulting in our first profitable quarter as a public company, on a non-GAAP basis,” said George Chamoun, CEO of ACV.