CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / KAR Auction Services  Reports First Quarter Revenue Up 10%

KAR Auction Services  Reports First Quarter Revenue Up 10%

May 8, 2019 By CollisionWeek Editor

CEO says firm advancing proposed spin-off of Insurance Auto Auctions.

KAR Auction Services, Inc. (NYSE: KAR) reported its first quarter revenue of $1.0468 billion as compared with revenue of $950.5 million for the first quarter of 2018, an increase of 10 percent. Net income for the first quarter of 2019, ended March 31, decreased 14 percent to $77.8 million, or $0.58 per diluted share, as compared with net income of $90.0 million, or $0.66 per diluted share, in the first quarter of 2018.

KAR Auction Services logo“Our first quarter results were in line with our budget and expectations,” said Jim Hallett, chairman and

Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options. 

Filed Under: News Tagged With: Earnings, Insurance Auto Auctions, KAR Auction Services

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Annual Conference Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Classic Collision Collision Industry Electronic Commerce Association Collision Repair Education Foundation Coronavirus Crash Champions Donations Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • Collision Repair Industry Production Down in June August 22, 2025
  • SEMA Calls for ADAS Policy Changes in Highway Bill Comments August 22, 2025
  • VinFast Opens First California Dealership in San Diego August 22, 2025
  • Nearly Half of Auto Insurance Policies Shopped in Past Year August 22, 2025
  • John Mendel Elected Chairman of LKQ Corporation Board August 22, 2025
  • Drivers Must Intervene with Traffic Assistance Systems Every 10 Minutes August 21, 2025
  • Collision Claims for Battery Electric Vehicles Decline for the First Time in the U.S. August 21, 2025

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2025 - QuanDec Corporation - All Rights Reserved · Log in