Dealership technologies business Inc. swung to a net loss in the 3rd quarter, citing increased valuations of earnout payments for its acquisitions of automotive economical engineering business CreditIQ and Accu-Trade, a service provider of motor vehicle appraisal and valuation data and logistics technology. Cars and, of Chicago, explained […]

Tencent posted its initially at any time quarterly 12 months-on-yr earnings decline as stricter regulations about gaming in China and a resurgence of Covid-19 in the world’s second-largest overall economy hit the technological know-how big. Here’s how Tencent did in the 2nd quarter, compared to Refinitiv consensus estimates:  Earnings: 134.03 […]

Team 1 Automotive Inc. explained Wednesday that to start with-quarter net profits just about doubled and earnings soared as dealerships the retailer obtained previous year outperformed anticipations. The Houston-based mostly dealership team said earnings in the quarter finished March 31 rose 30 {a78e43caf781a4748142ac77894e52b42fd2247cba0219deedaee5032d61bfc9} to $3.84 billion, led by development from […]

AutoNation Inc.’s fourth-quarter web earnings a lot more than doubled as used-car revenue soared 55 percent to effectively cushion the auto retail giant’s ongoing struggles with low new-car or truck inventories. The firm mentioned web revenue soared 156 per cent to $387.1 million. Profits rose 14 {a78e43caf781a4748142ac77894e52b42fd2247cba0219deedaee5032d61bfc9} to $6.58 billion […]