Carvana Co. reported record revenue, an increase of 142 percent, but also reported a higher net loss year over year as the fast-growing company continues its expansion across the U.S.
The Tempe-based used car e-commerce company (NYSE: CVNA) announced its second-quarter results today.
Carvana reported a net loss of $38.9 million, or 28 cents per share, on revenue of $209.4 million for the quarter ended June 30.
That compares to a net loss of $18 million, or 13 cents per share, on revenue of $86.5…