OPENLANE, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 98 million compared to USD 99.6 million a year ago. Revenue was USD 416.3 million compared to USD 420.6 million a year ago.

Net income was USD 18.5 million compared to USD 12.7 million a year ago. Basic earnings per share from continuing operations was USD 0.05 compared to USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.05 compared to USD 0.01 a year ago.