CarLotz CEO Covers Company Earnings

Published: May 11, 2021, 6:16 p.m.

b'CarLotz (LOTZ) earnings report indicated -$0.15 in EPS and $56.6M in revenue with 1Q retail unit sales increasing 76% year-over-year. The company is a consignment-to-retail used vehicle marketplace with a tech-enabled buying, sourcing, and selling model. Its CEO Michael Bor says that the company plans an expansion to California in the "coming months."'