Shift Technologies Inc Q1 2023 Earnings Call Transcript - Thomson StreetEvents

Shift Technologies Inc Q1 2023 Earnings Call Transcript

Shift Technologies Inc Q1 2023 Earnings Call Transcript - Thomson StreetEvents
Shift Technologies Inc Q1 2023 Earnings Call Transcript
Published May 11, 2023
3 pages (1350 words) — Published May 11, 2023
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of SFT.OQ earnings conference call or presentation 11-May-23 9:00pm GMT

  
Brief Excerpt:

...Thank you, Susan, and good afternoon, everyone. Thank you for joining us in our first quarter 2023 earnings call. During our fourth quarter call just 6 weeks ago, we gave a comprehensive update on our strategy and operations. Today, we have a few key updates to provide. First, our quarterly results came in near the top end of the guidance ranges we provided. The first quarter was still a transition period as we integrated the CarLotz transaction, executed strategic decisions regarding our footprint and evolved to our technology-forward omnichannel sales model, which allows our customers to choose how and when they want to shop. We have made changes to our sales organization as well as optimized our marketing strategy and reconditioning processes to improve performance and increase efficiency. We continue to refine the model, and as operations have begun to normalize, we are encouraged by the sequential improvement in our GPU in Q1 and second quarter to date. With these changes behind us,...

  
Report Type:

Transcript

Source:
Company:
Shift Technologies Inc
Ticker
SFT.OQ
Time
9:00pm GMT
Format:
PDF Adobe Acrobat
Buy Now

Shift Technologies Inc Q2 2023 Earnings Call Transcript – 2023-08-10 – US$ 54.00 – Edited Transcript of SFT.OQ earnings conference call or presentation 10-Aug-23 9:00pm GMT

Shift Technologies Inc Q4 2022 Earnings Call Transcript – 2023-03-28 – US$ 54.00 – Edited Transcript of SFT.OQ earnings conference call or presentation 28-Mar-23 9:00pm GMT

Shift Technologies Inc Q3 2022 Earnings Call Transcript – 2022-11-08 – US$ 54.00 – Edited Transcript of SFT.OQ earnings conference call or presentation 8-Nov-22 10:00pm GMT

Shift Technologies Inc Q2 2022 Earnings Call Transcript – 2022-08-09 – US$ 54.00 – Edited Transcript of SFT.OQ earnings conference call or presentation 9-Aug-22 9:00pm GMT

Shift Technologies Inc at Oppenheimer Consumer Growth and E-Commerce Conference (Virtual) Transcript – 2022-06-15 – US$ 54.00 – Edited Transcript of SFT.OQ presentation 15-Jun-22 7:00pm GMT

Shift Technologies Inc Q1 2022 Earnings Call Transcript – 2022-05-10 – US$ 54.00 – Edited Transcript of SFT.OQ earnings conference call or presentation 10-May-22 9:00pm GMT

More from Thomson StreetEvents

Thomson StreetEvents—Thomson StreetEvents is a leading provider of Web-based solutions for the investment community, offering services that transform the way companies communicate and meet disclosure requirements while assisting investors in managing and leveraging this information. Thomson StreetEvents service offers institutional investors a one-stop solution for managing corporate disclosure information by aggregating conference calls, webcasts, transcripts, call summaries, and other financial information into a time-saving, efficiency tool.
Purchase Thomson StreetEvents' Transcripts (verbatim reports) and Briefs (call summaries) of earnings, guidance, M&A and other corporate calls directly through Alacra. Discounted prices apply to reports produced over two weeks ago.

About the Author


Cite this Report

  
MLA:
Thomson StreetEvents. "Shift Technologies Inc Q1 2023 Earnings Call Transcript" May 11, 2023. Alacra Store. May 18, 2024. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2023-Shift-Technologies-Inc-Earnings-Call-T15555340>
  
APA:
Thomson StreetEvents. (2023). Shift Technologies Inc Q1 2023 Earnings Call Transcript May 11, 2023. New York, NY: Alacra Store. Retrieved May 18, 2024 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2023-Shift-Technologies-Inc-Earnings-Call-T15555340>
  
US$ 54.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.