KAR Auction Services,Inc. Reports Fourth Quarter and Full Year 2009 Results and Files Fiscal 2009 Annual Report on Form 10-K

CARMEL,Ind.–(BUSINESS WIRE)–KAR Auction Services,Inc. (NYSE:KAR),today reported its fourth quarter and annual financial results for the period ended December 31,2009. For the fourth quarter of 2009,the company reported revenue of $417.9 million as compared with fourth quarter 2008 revenue of $396.2 million,an increase of 5%. Adjusted EBITDA for the fourth quarter of 2009 was $99.7 million as compared with fourth quarter 2008 Adjusted EBITDA of $57.5 million,an increase of 73%. Net inco

Add to digg
Add to del.icio.us
Add to Newsvine
Add to Reddit
Add to Google
Add to Yahoo My Web
Email this Article


Comments are closed.