RumbleON reports Q2 EPS (85c) vs. (2c) last year

Reports Q2 revenue $299.9M vs. $336.8M last year. “I am pleased to report that we are making good progress and our operating results improved over the course of Q2. While performance in the second quarter was nowhere close to where we want and expect to be, the company’s “back to our roots” strategy is working and driving improvement in our year over year results. We are improving our execution every day and have a very clear road map of work to do to continue to drive improvements and meaningful growth in the business. In addition, the successful closing of the term loan amendment provides us with operating flexibility to execute upon our strategy. I am as confident as ever that our current actions will lead to significantly improved results and shareholder value,” said Michael Quartieri, CEO and Interim CFO.