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00:02Carvana reported fourth-quarter adjusted earnings of $4.22 per share on revenue of $5.60 billion,
00:10surpassing analyst estimates of $5.26 billion in revenue, according to Benzinga.
00:16Total revenue increased 58% year-over-year as the company sold 163,522 vehicles,
00:24with vehicle sales rising 43% from a year earlier.
00:27Adjusted EBITDA totaled $511 million, with an adjusted EBITDA margin of 9.1%.
00:35Adjusted EBITDA and margins declined sequentially.
00:38Co-founder and CEO of Carvana, Ernie Garcia, said Carvana increased revenue 43% year-over-year in 2025,
00:46achieved record unit economics, and improved customer value.
00:50Carvana aims to sell 3 million retail units annually at a 13.5% adjusted EBITDA margin by 2030-2030.
00:58Shares were up by 3.02% at $361.53 at Wednesday's close.
01:05For all things money, visit Benzinga.com.
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