Inactive Instrument

IAA, Inc.

Equities

IAA

US4492531037

Auto Vehicles, Parts & Service Retailers

IAA, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 02, 2022

November 07, 2022 at 07:23 am EST

IAA, Inc. reported earnings results for the third quarter and nine months ended October 02, 2022. For the third quarter, the company reported revenue was USD 497.5 million compared to USD 420.7 million a year ago. Net income was USD 50.3 million compared to USD 65.7 million a year ago. Basic earnings per share from continuing operations was USD 0.38 compared to USD 0.49 a year ago. Diluted earnings per share from continuing operations was USD 0.38 compared to USD 0.49 a year ago.
For the nine months, revenue was USD 1,575.4 million compared to USD 1,289.3 million a year ago. Net income was USD 214.5 million compared to USD 221.1 million a year ago. Basic earnings per share from continuing operations was USD 1.6 compared to USD 1.64 a year ago. Diluted earnings per share from continuing operations was USD 1.6 compared to USD 1.63 a year ago.

Latest news about IAA, Inc.

IAA Implements J.D. Power ChromeData VIN Descriptions to Enhance Trim Coverage	Jan. 25	CI
IAA, Inc.(NYSE:IAA) dropped from S&P 1000	23-03-22	CI
IAA, Inc.(NYSE:IAA) dropped from S&P 400 Industrials	23-03-22	CI
IAA, Inc.(NYSE:IAA) dropped from S&P Composite 1500	23-03-22	CI
IAA, Inc.(NYSE:IAA) dropped from S&P 400	23-03-22	CI
IAA, Inc.(NYSE:IAA) dropped from S&P TMI Index	23-03-22	CI
IAA, Inc.(NYSE:IAA) dropped from S&P Global BMI Index	23-03-22	CI
RBC Capital Markets Says Ritchie Bros.' IAA Takeover To Provide Growth Opportunities	23-03-21	MT
TSX futures edge higher ahead of inflation data	23-03-21	RE
Ritchie Bros. Auctioneers Completes Purchase of IAA	23-03-21	MT
Ritchie Bros completes $7 billion IAA acquisition	23-03-20	RE
Ritchie Bros completes acquisition of IAA	23-03-20	RE
IAA, Inc.'s Equity Buyback announced on August 3, 2021, has expired.	23-03-19	CI
Ritchie Bros. Holdings Inc completed the acquisition of IAA, Inc. from The Vanguard Group, Inc., BlackRock, Inc., Discerene Group LP, Ancora Holdings Group, LLC and others.	23-03-19	CI
CVR Energy to Join S&P SmallCap 600; Exponent to be Added to S&P MidCap 400	23-03-16	MT
Ritchie Bros. Auctioneers Edges Down After Hours as it Closes C$1.35 Billion in Note Issues to Fund IAA Purchase	23-03-15	MT
IAA, Inc Stockholders Approves the Merger Proposal	23-03-14	CI
Ritchie Bros. Auctioneers' Shareholders Approve Proposed Purchase of IAA	23-03-14	MT
Ritchie Bros. Says Shareholders Approved Planned IAA Acquisition	23-03-14	MT
Shareholders of Canada's Ritchie Bros support deal with IAA	23-03-14	RE
Shareholders of Canada's Ritchie Bros support deal with IAA	23-03-14	RE
IAA Announces Stockholder Approval of Merger Agreement with Ritchie Bros.	23-03-14	CI
Majority of Richie Bros. Shareholders Said to Approve Merger With IAA	23-03-13	MT
IAA Shares Rise After Majority of Richie Bros. Shareholders Said to Approve Merger	23-03-10	MT
IAA Shares Rise After Majority of Richie Bros. Shareholders Said to Approve Merger	23-03-10	MT

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Company Profile

IAA, Inc. is a digital marketplace connecting vehicle buyers and sellers. The Company operates through two segments: the United States and the International. The Company's platform facilitates the marketing and sale of total loss, damaged and low-value vehicles to a spectrum of sellers. It serves a global buyer base and a spectrum of sellers, including insurance companies, dealerships, fleet lease and rental car companies, and charitable organizations. The Company's products provide global buyers with the vehicles they need to, among other things, fulfill their vehicle rebuild requirements, replacement part inventory or scrap demand. It provides global buyers with multiple bidding/buying digital channels, vehicle merchandising, evaluation services and online bidding tools, for the overall purchasing experience. It has approximately 210 facilities throughout the United States, Canada, and the United Kingdom.

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Auto Vehicles, Parts & Service Retailers

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