IAA Reports Second Quarter Revenue Growth of 10%

Reports year-to-date revenue growth at 7.9%

IAA, Inc. (NYSE: IAA) today announced consolidated revenues for the second quarter of 2019 that ended June 30 increased 10.0% to $366.4 million from $333.2 million in the second quarter of fiscal 2018, primarily due to increased volumes of approximately 6% and higher revenue per vehicle of approximately 4%. U.S. revenues increased 6.8% to $320.5 million from $300.1 million in the prior year period. International revenues increased 38.8% to $45.9 million from $33.1 million in the prior year period. The increase in international revenues was primarily due to a higher mix of purchased vehicles