ACV Auctions Inc (NAS:ACVA)
$ 17.67 -0.08 (-0.45%) Market Cap: 2.92 Bil Enterprise Value: 2.71 Bil PE Ratio: 0 PB Ratio: 6.36 GF Score: 57/100

Q1 2021 ACV Auctions Inc Earnings Call Transcript

May 13, 2021 / 09:00PM GMT
Release Date Price: $29.06 (-3.46%)
Operator

Good day, and thank you for standing by. Welcome to the ACV First Quarter 2021 Earnings Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded. (Operator Instructions) I would now like to hand the conference over to your speaker today, Tim Fox, Vice President of Investor Relations. Please go ahead.

Tim Fox

Good afternoon, everyone, and thank you for joining ACV's conference call to discuss our first quarter 2021 financial results. On the call today are George Chamoun, Chief Executive Officer; and Bill Zerella, Chief Financial Officer.

Before we get started, please note that today's comments include forward-looking statements, including statements regarding avenues for long-term growth and total addressable market expansion, our financial guidance for the second quarter of 2021 in the full year 2021 and opportunities for margin expansion. These forward-looking statements are subject to risks and uncertainties and involve factors that could cause actual results to differ materially from those expressed or implied by

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