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Article: ADESA, Inc. Reports Fourth Quarter EPS of $0.22 per Diluted Share.(Financial report)
- Article from:
- Business Wire
- Article date:
- February 8, 2007
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Results Include $0.08 Per Share of Non-Operating Charges
CARMEL, Ind. -- ADESA, Inc. (NYSE:KAR), North America's largest publicly traded provider of wholesale vehicle auctions and used vehicle dealer floorplan financing, today reported its financial results for the quarter ended December 31, 2006. For the fourth quarter of 2006, the company reported net income of $19.8 million, or $0.22 per diluted share, which included pretax non-operating charges of $9.5 million ($7.2 million after-tax, or $0.08 per diluted share.) Fourth quarter revenues were $269.5 million.
"We are pleased with ADESA's fourth quarter revenue and operating performance," stated ADESA, ...