Inactive Instrument

PARTS iD, Inc.

Equities

LGC

US7021411027

Auto Vehicles, Parts & Service Retailers

PARTS iD, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022

November 10, 2022 at 02:35 am IST

PARTS iD, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 79.88 million compared to USD 102.6 million a year ago. Net loss was USD 6.27 million compared to USD 3.34 million a year ago. Basic loss per share from continuing operations was USD 0.18 compared to USD 0.1 a year ago.
For the nine months, sales was USD 279.03 million compared to USD 342.08 million a year ago. Net loss was USD 11.12 million compared to USD 3.36 million a year ago. Basic loss per share from continuing operations was USD 0.33 compared to USD 0.1 a year ago.

Latest news about PARTS iD, Inc.

PARTS iD, Inc. announced that it has received $35 million in funding from Fifth Star Funds	07/03	CI
PARTS iD, Inc. Emerged from Bankruptcy	22/02	CI
Second Amended Reorganization Plan Approved for PARTS iD, Inc.	05/02	CI
Second Amended Reorganization Plan Filed by PARTS iD, Inc.	30/01	CI
PARTS iD, Inc.(OTCPK:IDIC.Q) dropped from S&P TMI Index	19/01	CI
Final DIP Financing Approved for PARTS iD, Inc.	19/01	CI
First Amended Reorganization Plan Filed by PARTS iD, Inc.	12/01	CI
Combined Hearing for Disclosure Statement and Plan Approved for PARTS iD, Inc.	08/01	CI
PARTS iD Gets NYSE Notification for Delisting	03/01	MT
Interim DIP Financing Approved for PARTS iD, Inc.	29/12	CI
Motion for Joint Administration Approved for PARTS iD, Inc.	28/12	CI
Sector Update: Consumer Stocks Rise in Late Afternoon Trading	27/12	MT
Top Midday Decliners	27/12	MT
Sector Update: Consumer Stocks Advance Tuesday Afternoon	27/12	MT
Top Stories at Midday: Holiday Retail Sales Slow; Dallas Fed December Manufacturing Index Rises; Intel's $25 Billion Chip Plant Plan for Israel; RayzeBio Climbs After $4.1 Billion Acquisition; Parts ID Falls After Filing for Bankruptcy	26/12	MT
Parts ID Files for Chapter 11 Bankruptcy; Shares Halted	26/12	MT
PARTS iD, Inc. Filed for Bankruptcy	26/12	CI
Pre-Packaged Reorganization Plan and Disclosure Statement Filed by PARTS iD, Inc.	26/12	CI
Motion for Joint Administration Filed by PARTS iD, Inc.	26/12	CI
PARTS iD, Inc. announced that it has received $1 million in funding	13/12	CI
PARTS iD, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	09/12	CI
PARTS iD, Inc. announced that it has received $10 million in funding from The Lind Partners, LLC	27/11	CI
PARTS iD, Inc. Appoints Arkady A. Goldinstein as Interim Principal Financial Officer and Principal Accounting Officer	04/11	CI
PARTS iD, Inc. Appoints Arkady A. Goldinstein as Interim Chief Financial Officer	04/11	CI
PARTS iD, Inc. announced that it has received $1 million in funding	02/11	CI

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Company Profile

PARTS iD, Inc. is a technology-driven, digital commerce company. The Company is focused on creating custom infrastructure and user experiences within niche markets. The Company offers an e-commerce platform for the automotive parts and accessories market. The Company's digital commerce platform has been in-house from inception as a solution for industries with data limitations and parts fitment complexities. The Company's in-house data catalog houses approximately 14 billion data points for automobiles and the Company's other seven verticals, including semi-truck, motorcycle, powersports, RV/camper, boating, recreation and tools. Its data catalog is designed to tie vehicles with parts that fit their specific Year-Make-Model (YMM), including the variations of sub-model, engine size, transmission type and drivetrain type, as well as to recommend other products, such as tools required to install purchased parts and accessories.

Sector

Auto Vehicles, Parts & Service Retailers

More about the company

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