Inactive Instrument

PARTS iD, Inc.

Equities

LGC

US7021411027

Auto Vehicles, Parts & Service Retailers

PARTS iD, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022

August 08, 2022 at 04:05 pm EDT

PARTS iD, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 104.26 million compared to USD 130.41 million a year ago. Net loss was USD 0.899711 million compared to net income of USD 0.626112 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to basic earnings per share from continuing operations of USD 0.02 a year ago.
For the six months, sales was USD 199.15 million compared to USD 239.48 million a year ago. Net loss was USD 4.85 million compared to USD 0.018701 million a year ago. Basic loss per share from continuing operations was USD 0.14.

Latest news about PARTS iD, Inc.

PARTS iD, Inc. announced that it has received $35 million in funding from Fifth Star Funds	Mar. 06	CI
PARTS iD, Inc. Emerged from Bankruptcy	Feb. 21	CI
Second Amended Reorganization Plan Approved for PARTS iD, Inc.	Feb. 04	CI
Second Amended Reorganization Plan Filed by PARTS iD, Inc.	Jan. 29	CI
PARTS iD, Inc.(OTCPK:IDIC.Q) dropped from S&P TMI Index	Jan. 19	CI
Final DIP Financing Approved for PARTS iD, Inc.	Jan. 18	CI
First Amended Reorganization Plan Filed by PARTS iD, Inc.	Jan. 11	CI
Combined Hearing for Disclosure Statement and Plan Approved for PARTS iD, Inc.	Jan. 08	CI
PARTS iD Gets NYSE Notification for Delisting	Jan. 02	MT
Interim DIP Financing Approved for PARTS iD, Inc.	Dec. 29	CI
Motion for Joint Administration Approved for PARTS iD, Inc.	Dec. 27	CI
Sector Update: Consumer Stocks Rise in Late Afternoon Trading	Dec. 26	MT
Top Midday Decliners	Dec. 26	MT
Sector Update: Consumer Stocks Advance Tuesday Afternoon	Dec. 26	MT
Top Stories at Midday: Holiday Retail Sales Slow; Dallas Fed December Manufacturing Index Rises; Intel's $25 Billion Chip Plant Plan for Israel; RayzeBio Climbs After $4.1 Billion Acquisition; Parts ID Falls After Filing for Bankruptcy	Dec. 26	MT
Parts ID Files for Chapter 11 Bankruptcy; Shares Halted	Dec. 26	MT
PARTS iD, Inc. Filed for Bankruptcy	Dec. 26	CI
Pre-Packaged Reorganization Plan and Disclosure Statement Filed by PARTS iD, Inc.	Dec. 25	CI
Motion for Joint Administration Filed by PARTS iD, Inc.	Dec. 25	CI
PARTS iD, Inc. announced that it has received $1 million in funding	Dec. 12	CI
PARTS iD, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Dec. 08	CI
PARTS iD, Inc. announced that it has received $10 million in funding from The Lind Partners, LLC	Nov. 26	CI
PARTS iD, Inc. Appoints Arkady A. Goldinstein as Interim Principal Financial Officer and Principal Accounting Officer	Nov. 03	CI
PARTS iD, Inc. Appoints Arkady A. Goldinstein as Interim Chief Financial Officer	Nov. 03	CI
PARTS iD, Inc. announced that it has received $1 million in funding	Nov. 01	CI

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Company Profile

PARTS iD, Inc. is a technology-driven, digital commerce company. The Company is focused on creating custom infrastructure and user experiences within niche markets. The Company offers an e-commerce platform for the automotive parts and accessories market. The Company's digital commerce platform has been in-house from inception as a solution for industries with data limitations and parts fitment complexities. The Company's in-house data catalog houses approximately 14 billion data points for automobiles and the Company's other seven verticals, including semi-truck, motorcycle, powersports, RV/camper, boating, recreation and tools. Its data catalog is designed to tie vehicles with parts that fit their specific Year-Make-Model (YMM), including the variations of sub-model, engine size, transmission type and drivetrain type, as well as to recommend other products, such as tools required to install purchased parts and accessories.

Sector

Auto Vehicles, Parts & Service Retailers

More about the company

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