CVNA
📈 Carvana reported 46% revenue growth and a net income of $373 million in its latest quarter.
🐂 CEO Ernie Garcia expressed a bullish outlook for the company, highlighting its strong positioning.
🤔 Despite positive numbers, the host notes Garcia’s past share selling activity and maintains a degree of skepticism, leading to a cautious stance.
@bernardodegarcia:
“First-quarter results. Ah, 46% growth, net income of $373 million. Okay. Adjusted EBITDA of $400 million, sequential increase. Okay. 3 million in sales. Okay. It really catches my attention, Ernie Garcia, the founder, the CEO, sounding so, so bullish with his company, saying, ‘Yes, Carvana is very well-positioned, we’re doing great,’ and there’s no… cush. Ah, out, out. And then we have figures from 2024, eh, well, selling heavily… not for a while now, it’s been a while since he’s sold, that’s true. It’s been a while since he’s sold, you have to give him that, but well.”
Watch the exact part of the video where @bernardodegarcia talks about Carvana here:
Watch the video on YouTube
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