Exclusive Interview with Carvana CEO: 'Magical' First Quarter Shatters Expectations

The Wizarding World of Earnings

Ah my dear readers it appears that we have a tale of immense success on our hands! Shares of Carvana soared more than 30% after hours truly magical isn't it? The company reported record results and brace yourselves turned a profit during the first quarter!

A Triumph of Numbers

Earnings per share for Carvana came in at a whimsical 23 cents quite the fairy tale compared to the loss of 74 cents that was initially expected. Revenue danced to a delightful tune of $3.06 billion far exceeding the predicted $2.67 billion. A truly enchanting performance!

The Power of Profits

"In the first quarter we delivered our best results in company history," said Carvana's CEO. Such profits show that the magical world of online retail can indeed lead to industry leading profitability and customer experiences!

From the Brink of Bankruptcy to Bright Success

Carvana's journey from the brink of bankruptcy concerns to today's success is like a phoenix rising from the ashes. The company's shares have experienced a magical recovery climbing 67% year to date. A tale of true resilience!

Future Potions and Potentials

As we look to the future Carvana plans to focus on increasing profitability through various measures including growing its adjusted EBITDA profit margin. A wizard's work is never done after all!

A Spellbinding Second Quarter Ahead

Carvana anticipates a spellbinding second quarter expecting growth in retail units and adjusted EBITDA. A tale of continued growth and profitability in the enchanted world of online car retailing!