secwatch.observer — SEC 8-K summary
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Issuer:     ACV Auctions Inc. (ACVA)
CIK:        0001637873
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0000950170-21-004067
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ACV Q3 revenue $91.8M (+36% YoY); net loss $24.8M vs profit year ago; raises FY21 guidance
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- Q3 total revenue $91.8M (+36% YoY); GAAP net loss $24.8M vs net income $3.2M in Q3 2020.
- Adjusted EBITDA loss $12.4M vs $3.3M profit YoY; marketplace GMV $2.0B (+79% YoY).
- Full-year 2021 revenue guidance raised to $341-344M (64-65% YoY growth), $8M above prior midpoint.
- Q4 2021 guidance: revenue $83-86M (+54-60% YoY); adj EBITDA loss $22-26M.
- Marketplace units 140,734 (+19% YoY); used-vehicle demand strong despite supply chain pressures.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1637873/000095017021004067/0000950170-21-004067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1637873/000095017021004067/acva-20211110.htm
  HTML page:      https://secwatch.observer/filing/0000950170-21-004067

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer