Vroom, Inc. (VRM) CEO Paul Hennessy on Q3 2021 Results - Earning Call Transcript

Vroom, Inc. (VRM) Q3 2021 Results Conference Call November 10, 2021 8:30 AM ET

Company Participants

Paul Hennessy – Chief Executive Officer
Bob Krakowiak – Chief Financial Officer

Conference Call Participants

Zachary Fadem – Wells Fargo
Raja Gupta – JP Morgan
Sharon Zackfia – William Blair
Seth Basham – Wedbush
Edward Yruma – KeyBanc Capital Markets
Alex Potter – Piper Sandler
John Stacconi – Jefferies
Mic Backers – Raymond James
Naved Khan – Truist Securities

Operator

Good morning, and thank you for standing by. Welcome to Vroom's Third-Quarter 2021 Earnings Conference Call. At this time, all participants ' lines are in a listen-only mode. After the speaker's presentation. There will be a question-and-answer session. Joining us on the call today are Paul Hennessy, Chief Executive Officer, and Bob Krakowiak, 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 third quarter earnings release and earnings presentation are 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 September 30, 2021. For additional discussion of factors that could cause actual results to differ materially from those in the forward-looking statements. Please note further that today's discussion, including the forward-looking