Vroom (NASDAQ:VRM) Releases Earnings Results, Beats Estimates By $0.04 EPS

Vroom (NASDAQ:VRM) Releases Earnings Results, Beats Estimates By $0.04 EPS

Vroom (NASDAQ:VRM – Get Rating) released its earnings results on Monday. The company reported ($0.73) EPS for the quarter, beating analysts’ consensus estimates of ($0.77) by $0.04, Briefing.com reports. The firm had revenue of $475.44 million for the quarter, compared to analysts’ expectations of $543.88 million. Vroom had a negative return on equity of 41.73% and a negative net margin of 17.18%. The company’s quarterly revenue was down 37.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.