Earnings Summary

Acv Auctions Inc.’s revenue jumped 7.95% since last year same period to $124.22Mn in the Q2 2023. On a quarterly growth basis, Acv Auctions Inc. has generated 3.84% jump in its revenue since last 3-months.

Acv Auctions Inc.’s net profit jumped 36.44% since last year same period to $-15.58Mn in the Q2 2023. On a quarterly growth basis, Acv Auctions Inc. has generated 14.38% jump in its net profits since last 3-months.

Acv Auctions Inc.’s net profit margin jumped 41.12% since last year same period to -12.54% in the Q2 2023. On a quarterly growth basis, Acv Auctions Inc. has generated 17.55% jump in its net profit margins since last 3-months.

Acv Auctions Inc.’s earning per share (EPS) estimates for the current quarter stand at -0.19 - a -11.76% fall from last quarter’s estimates.

Acv Auctions Inc.’s earning per share (EPS) estimates for the current year stand at -0.19.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Acv Auctions Inc.’s return on assets (ROA) stands at -0.06.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Acv Auctions Inc.’s return on equity (ROE) stands at -0.17.