OPENLANE: OPENLANE, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2024

OPENLANE, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter, the company reported sales was USD 106.2 million compared to USD 111.4 million a year ago. Net income was USD 52.3 million compared to USD 14.3 million a year ago. Basic earnings per share from continuing operations was USD 0.29 compared to USD 0.02 a year ago. Diluted earnings per share from continuing operations was USD 0.29 compared to USD 0.02 a year ago. Basic earnings per share was USD 0.29 compared to USD 0.02 a year ago. Diluted earnings per share was USD 0.29 compared to USD 0.02 a year ago. For the full year, sales was USD 431.1 million compared to USD 444 million a year ago. Net income was USD 109.9 million compared to net loss of USD 154.1 million a year ago. Basic earnings per share from continuing operations was USD 0.46 compared to basic loss per share from continuing operations of USD 1.83 a year ago. Diluted earnings per share from continuing operations was USD 0.45 compared to diluted loss per share from continuing operations of USD 1.83 a year ago. Basic earnings per share was USD 0.46 compared to basic loss per share of USD 1.82 a year ago. Diluted earnings per share was USD 0.45 compared to diluted loss per share of USD 1.82 a year ago.