Vroom, Inc. (VRM) CEO Paul Hennessy on Q2 2021 Results - Earnings Call Transcript

Vroom, Inc. (VRM) Q2 2021 Results Conference Call August 11, 2021 5:00 PM ET

Company Participants

Allen Miller - Head-IR
Paul Hennessy - CEO
Dave Jones - CFO

Conference Call Participants

Naved Khan - Truist Securities
Zachary Fadem - Wells Fargo
Andrew Boone - JMP Securities
Chris Bottiglieri - Exane BNP
Sharon Zackfia - William Blair
Seth Basham - Wedbush

Operator

Good day, and thank you for standing by. Welcome to Vroom's Second Quarter 2021 Earnings Call. At this time, all participants’ line are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions].

I would now like to hand the call over to your speaker today, Mr. Allen Miller, Head of Investor Relations.

Allen Miller

Thank you, Vallena, and welcome Vroom’s second quarter 2021 earnings conference call. Joining us on the call today are Paul Hennessy, Chief Executive Officer; and Dave Jones, Chief Financial Officer.

Please note that this call will be simultaneously webcast on the Investor Relations section of the company’s corporate website at ir.vroom.com. The second quarter earnings release is also posted to the IR website.

Before we begin, please note that the discussion today includes forward-looking statements within the meaning of the federal securities laws, including, but not limited to statements about Vroom's operations and future financial performance. These and other forward-looking statements are subject to a number of risks, uncertainties and other important factors that may cause actual results to differ materially from those in such statements. We direct you to the company's most recent SEC filings, including the Risk Factors section of Vroom's most recent Form 10-K for the year ended December 31, 2020, as updated by our quarterly report on Form 10-Q for the 3 months ended June 30, 2021, for additional discussion of factors that could cause actual results to differ materially from those in the forward-looking