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ACV Auctions reports Q1 EPS (9c), consensus 7c

Reports Q1 revenue $182.7M, consensus $195.61M. “We are very pleased with our first quarter results. We delivered strong revenue growth and Adjusted EBITDA above the high-end of our guidance range, along with continued margin expansion. ACV’s leading market position resulted in additional share gains, our suite of dealer solutions gained further market traction, and we executed on initiatives to support our commercial wholesale strategy,” said George Chamoun, CEO of ACV.

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