| RumbleOn, Inc. (RMBL) Q1 2025 Earnings Call Transcript |
RumbleOn, Inc. (NASDAQ:RMBL ) Q1 2025 Earnings Conference Call May 7, 2025 8:00 AM ET Company Participants Elliot Wagner - Vice President, Finance Mike Quartieri - Chief Executive Officer Conference Call Participants Eric Wold - Texas Capital Securities Craig Kennison - Baird Operator Greetings, and welcome to the RumbleOn, Inc.'s First Quarter 2025 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. |
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2025-05-10 12:01:19 |
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| RumbleOn Reports First Quarter 2025 Financial Results |
IRVING, Texas , May 7, 2025 /PRNewswire/ -- RumbleOn, Inc. (NASDAQ: RMBL), the "Company" or "RumbleOn", today announced results for the first quarter ended March 31, 2025. Key First Quarter 2025 Highlights (Compared to First Quarter 2024): Revenue of $244.7 million decreased 20.5%, driven by a 3,399 decline in unit sales in the Company's powersports segment and an $8.8 million decline in revenue in the vehicle transportation services segment Net loss improved to $9.7 million compared to $10.3 million Selling, general & administrative expense (SG&A) was $61.1 million, a $12.8 million reduction compared to $73.9 million Adjusted EBITDA(1) declined $0.7 million to $7.0 million compared to $7.7 million Operating cash outflows totaled $6.9 million compared to inflows of $17.0 million in 2024 Repaid $38.8 million 6.75% convertible senior notes at their maturity on January 2, 2025 "I am proud of the results the team delivered amidst a challenging backdrop for consumers. |
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2025-05-07 11:00:00 |
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| RumbleOn Announces First Quarter 2025 Earnings Release and Conference Call Schedule |
IRVING, Texas , April 30, 2025 /PRNewswire/ -- RumbleOn, Inc. (NASDAQ: RMBL) (the "Company" or "RumbleOn"), today announced that it will release its First Quarter 2025 operational and financial results before the market opens on Wednesday, May 7, 2025. The Company has scheduled a conference call and webcast on the same day at 7:00 a.m. |
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2025-04-30 23:20:00 |
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| RumbleOn, Inc. (RMBL) Q4 2024 Earnings Call Transcript |
RumbleOn, Inc. (NASDAQ:RMBL ) Q4 2024 Earnings Conference Call March 11, 2025 8:00 AM ET Company Participants Elliot Wagner - Vice President, Finance Mike Quartieri - Chief Executive Officer Tiffany Kice - Chief Financial Officer Conference Call Participants Matt Mccartney - Wedbush Securities Craig Kennison - Baird Operator Greeting and welcome to the RumbleOn, Inc. Fourth Quarter and Full-Year 2024 Earnings Conference Call. At this time all participants are in a listen-only mode. |
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2025-03-11 10:46:09 |
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| RumbleOn Reports Fourth Quarter and Full Year 2024 Financial Results |
IRVING, Texas , March 11, 2025 /PRNewswire/ -- RumbleOn, Inc. (NASDAQ: RMBL), ("RumbleOn" or "the Company"), today announced financial results for its fourth quarter and full year ended December 31, 2024. Key Fourth Quarter 2024 Highlights (Compared to Fourth Quarter 2023): Revenue of $269.6 million decreased 13.4% Net loss totaled $56.4 million compared to net loss of $168.5 million, including intangible asset impairment charges of $39.3 million in 2024 and $60.1 million in 2023. |
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2025-03-11 09:00:00 |
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| RumbleOn Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Schedule |
IRVING, Texas , March 6, 2025 /PRNewswire/ -- RumbleOn, Inc. (NASDAQ: RMBL) (the "Company" or "RumbleOn"), today announced that it will release its Fourth Quarter and Full Year 2024 operational and financial results before the market opens on Tuesday, March 11, 2025. The Company has scheduled a conference call and webcast on the same day at 7:00 a.m. |
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2025-03-06 16:00:00 |
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| RumbleOn, Inc. Announces Leadership Changes |
Irving, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Irving, Texas - IRVING, Texas -- RumbleOn, Inc. (the "Company" or "RumbleOn"), the largest powersports retailer in North America, today announced the following leadership changes, each effective as of January 13, 2025: Michael Quartieri, Chairman of the Board of Directors, has been appointed Chief Executive Officer. Cameron Tkach, Vice President of Dealership Operations, has been promoted to Executive Vice President and Chief Operating Officer of the Company. |
globenewswire.com |
2025-01-14 19:54:00 |
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| RumbleOn, Inc. Announces Leadership Changes |
Michael Quartieri, Chairman of the Board, Appointed as Chief Executive Officer, Cameron Tkach Promoted to Executive Vice President and Chief Operating Officer, Becca Polak Named as Vice Chairman and Lead Independent Director IRVING, Texas , Jan. 13, 2025 /PRNewswire/ -- RumbleOn, Inc. (NASDAQ: RMBL) (the "Company" or "RumbleOn"), the largest powersports retailer in North America, today announced the following leadership changes, each effective as of January 13, 2025: Michael Quartieri, Chairman of the Board of Directors, has been appointed Chief Executive Officer; Cameron Tkach, Vice President of Dealership Operations, has been promoted to Executive Vice President and Chief Operating Officer of the Company; Becca Polak, Chair of the Compensation Committee of the Board of Directors, has been named Vice Chairman and Lead Independent Director; and Michael Kennedy is no longer Chief Executive Officer or a member of the Board of Directors of the Company. Mr. Quartieri is a tenured C-suite executive with significant leadership and strategic planning experience, in addition to having strong financial acumen and corporate governance expertise. |
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2025-01-13 19:46:00 |
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| RumbleOn Announces Final Results of $10.0 Million Fully Backstopped Registered Rights Offering |
IRVING, Texas , Dec. 17, 2024 /PRNewswire/ -- RumbleOn, Inc. (NASDAQ: RMBL) (the "Company," "RumbleOn," "we," "us," or "our") today announced the final results of its $10.0 million fully backstopped registered equity rights offering (the "Rights Offering") for shares of the Company's Class B common stock, par value $0.001 per share (the "Class B common stock"). The subscription period for the Rights Offering expired at 5:00 p.m. |
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2024-12-17 19:00:00 |
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| RumbleOn Announces Preliminary Results of $10.0 Million Fully Backstopped Registered Rights Offering |
IRVING, Texas , Dec. 13, 2024 /PRNewswire/ -- RumbleOn, Inc. (NASDAQ: RMBL) (the "Company," "RumbleOn," "we," "us," or "our") today announced the preliminary results of its $10.0 million fully backstopped registered equity rights offering (the "Rights Offering") for shares of the Company's Class B common stock, par value $0.001 per share (the "Class B common stock"). The subscription period for the Rights Offering expired at 5:00 p.m. |
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2024-12-13 10:15:00 |
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| RumbleOn Announces Commencement of $10.0 Million Fully Backstopped Registered Rights Offering |
IRVING, Texas , Nov. 26, 2024 /PRNewswire/ -- RumbleOn, Inc. (NASDAQ: RMBL) (the "Company" or "RumbleOn") announced today that it has commenced a $10.0 million fully backstopped registered equity rights offering (the "Rights Offering"), pursuant to which the Company is expected to receive aggregate gross proceeds of $10.0 million, less expenses related to the Rights Offering. The Company intends to use the proceeds from the Rights Offering for general corporate purposes which may include repayment of the Company's convertible senior 6.75% promissory notes due January 1, 2025. |
prnewswire.com |
2024-11-26 18:14:00 |
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| RumbleOn Announces Record Date for Proposed $10.0 Million Rights Offering |
IRVING, Texas , Nov. 15, 2024 /PRNewswire/ -- RumbleOn, Inc. (NASDAQ: RMBL) (the "Company" or "RumbleOn") announced today that the close of business (4:00 p.m. Central Time) on November 25, 2024 has been fixed as the record date (the "Record Date") for its previously announced proposed $10.0 million registered equity rights offering (the "Rights Offering"), which was announced in a Form 8-K filed with the U.S. Securities and Exchange Commission ("SEC") on November 12, 2024. |
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2024-11-15 19:26:00 |
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| RumbleOn, Inc. (RMBL) Q3 2024 Earnings Call Transcript |
RumbleOn, Inc. (NASDAQ:RMBL ) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Elliot Wagner - VP, Finance Michael Kennedy - CEO Tiffany Kice - CFO Conference Call Participants Craig Kennison - Baird Eric Wold - B. Riley Securities Mike Baker - D.A. |
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2024-11-12 19:41:38 |
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| RumbleON, Inc. (RMBL) Reports Q3 Loss, Lags Revenue Estimates |
RumbleON, Inc. (RMBL) came out with a quarterly loss of $0.32 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.71 per share a year ago. |
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2024-11-12 11:31:15 |
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| RumbleOn Announces Third Quarter 2024 Earnings Release and Conference Call Schedule |
IRVING, Texas , Nov. 6, 2024 /CNW/ - RumbleOn, Inc. (NASDAQ: RMBL) (the "Company" or "RumbleOn"), today announced that it will release its third quarter 2024 operational and financial results before the market opens on Tuesday, November 12, 2024. The Company has scheduled a conference call and webcast on the same day at 7:00 a.m. |
prnewswire.com |
2024-11-06 10:00:00 |
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| Octane and RideNow Partner to Launch RideNow Finance |
Private Label Partnership Drives More Sales Through Fast, Easy Financing and Branded, Lifecycle Marketing NEW YORK , Oct. 29, 2024 /PRNewswire/ -- Octane ® (Octane Lending, Inc.®), the fintech revolutionizing the buying experience for major recreational purchases, and RideNow , a RumbleOn company and the largest powersports retailer in North America, announced a partnership to launch branded finance in RideNow's 56 retail stores under the RideNow Finance brand. Effective immediately, RideNow Powersports customers can purchase over 18,000 new and pre-owned vehicles from a large selection of manufacturers using RideNow Finance. |
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2024-10-29 11:26:00 |
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| RumbleON (RMBL) Moves 11.8% Higher: Will This Strength Last? |
RumbleON (RMBL) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term. |
zacks.com |
2024-10-16 09:40:14 |
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| 3 Social Media Stocks to Sell in August Before They Crash & Burn |
Investing in social media stocks might seem like a no-brainer. The social media market size was $219.06 billion in 2023, and by the end of 2028, it is expected to almost double. |
investorplace.com |
2024-08-14 19:57:54 |
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| RumbleOn, Inc. (RMBL) Q2 2024 Earnings Call Transcript |
RumbleOn, Inc. (NASDAQ:RMBL ) Q2 2024 Earnings Conference Call August 7, 2024 8:00 AM ET Company Participants Thomas Zelewski - Vice President, Finance and Treasurer Michael Kennedy - Chief Executive Officer Tiffany Kice - Chief Financial Officer Conference Call Participants Michael Baker - D.A. Davidson Eric Wold - B. |
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2024-08-10 21:33:06 |
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| RumbleON, Inc. (RMBL) Reports Break-Even Earnings for Q2 |
RumbleON, Inc. (RMBL) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.02. This compares to earnings of $0.02 per share a year ago. |
zacks.com |
2024-08-07 13:26:06 |
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| RumbleOn Reports Second Quarter 2024 Financial Results |
IRVING, Texas--(BUSINESS WIRE)--RumbleOn, Inc. (NASDAQ: RMBL), the "Company" or "RumbleOn", today announced results for the second quarter ended June 30, 2024. Key Second Quarter 2024 Highlights (Compared to Second Quarter 2023): Revenue of $336.8 million decreased 12.0% Net loss totaled $0.7 million compared to net loss of $13.6 million Selling, general & administrative expense (SG&A) was $71.4 million compared to $100.3 million. Adjusted SG&A(1) decreased 19.4% to $70.8 million, o. |
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2024-08-07 11:00:00 |
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| RumbleOn Announces Second Quarter 2024 Earnings Release and Conference Call Schedule |
IRVING, Texas--(BUSINESS WIRE)--RumbleOn, Inc. (NASDAQ: RMBL) (the “Company” or “RumbleOn”), today announced that it will release its second quarter 2024 operational and financial results before the market opens on Wednesday, August 7, 2024. The Company has scheduled a conference call and webcast on the same day at 7:00 a.m. Central Time (8:00 a.m. Eastern Time) to discuss its operational and financial results. The call will be hosted by Mike Kennedy, Chief Executive Officer, and Tiffany Kice,. |
businesswire.com |
2024-07-26 00:33:00 |
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| RumbleOn Remains Focused on Strategic Plan with Appointment of Tiffany Kice as Chief Financial Officer |
IRVING, Texas , June 4, 2024 /PRNewswire/ -- RumbleOn, Inc. (NASDAQ: RMBL), the nation's largest retailer of new and used powersports products, today announced the appointment of Tiffany Kice as its new Chief Financial Officer (CFO), effective June 24, 2024. Kice brings over 25 years of experience in financial leadership roles for public and private companies across various industries, including extensive expertise in multi-site retail. |
prnewswire.com |
2024-06-04 11:00:00 |
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| RumbleON, Inc. (RMBL) Reports Q1 Loss, Misses Revenue Estimates |
RumbleON, Inc. (RMBL) came out with a quarterly loss of $0.29 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to earnings of $0.05 per share a year ago. |
zacks.com |
2024-05-08 13:16:04 |
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| RumbleOn Reports First Quarter 2024 Financial Results |
IRVING, Texas--(BUSINESS WIRE)--RumbleOn, Inc. (NASDAQ: RMBL), the "Company" or "RumbleOn", today announced results for the three months ended March 31, 2024. Key Financial Data First Quarter 2024 First Quarter 2023 ($ in millions) Revenue EBITDA/AEBITDA(1) Revenue EBITDA/AEBITDA(1) Powersports $ 293.5 $ 17.7 $ 319.6 $ 17.8 Vehicle transportation services 14.3 1.4 14.8 1.3 Corporate headquarters(2) (10.1 ) (15.1 ) EBITDA(1) 9.0 . |
businesswire.com |
2024-05-08 11:00:00 |
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| RumbleOn Announces First Quarter 2024 Earnings Release and Conference Call Schedule |
IRVING, Texas--(BUSINESS WIRE)--RumbleOn, Inc. (NASDAQ: RMBL) (the “Company” or “RumbleOn”), today announced that it will release its first quarter 2024 operational and financial results before the market opens on Wednesday, May 8, 2024. The Company has scheduled a conference call and webcast on the same day at 7:00 a.m. Central Time (8:00 a.m. Eastern Time) to discuss its operational and financial results. The call will be hosted by Mike Kennedy, Chief Executive Officer, and Blake Lawson, Chie. |
businesswire.com |
2024-04-23 20:11:00 |
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| Does RumbleON (RMBL) Have the Potential to Rally 61.29% as Wall Street Analysts Expect? |
The consensus price target hints at a 61.3% upside potential for RumbleON (RMBL). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term. |
zacks.com |
2024-04-12 14:56:14 |
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| RumbleON, Inc. (RMBL) Q4 2023 Earnings Call Transcript |
RumbleON, Inc. (RMBL) Q4 2023 Earnings Call Transcript |
seekingalpha.com |
2024-03-14 15:17:03 |
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