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OPENLANE reports 13% growth with $561 million in Q3 revenue

The Motley Fool +1 · ·by G4L

OPLN
OPLN Openlane Inc
$34.90 +1.60%
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  1. 1OPENLANE reported total revenue of $561 million, marking a 13% growth rate in Q3.
  2. 2The marketplace segment achieved a 28% growth in total vehicle sales for Q3.
  3. 3OPENLANE increased its share repurchase limit to $400 million.

So what's the key point?

OPENLANE's Q3 revenue reached $561 million. Revenue grew alongside an increase in vehicle sales.

Source The Motley Fool +1 · View original ↗

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