KAR Auction Services, Inc. reported earnings results for the fourth quarter ended December 31, 2021. For the fourth quarter, the company reported sales was USD 79.2 million compared to USD 65.4 million a year ago. Revenue was USD 549.4 million compared to USD 529.6 million a year ago.

Net income was USD 5.1 million compared to net loss of USD 17.1 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.21 a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to USD 0.21 a year ago.