DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Carvana shares tumble as Q3 profit margin growth slows despite record sales By Investing.com
Carvana shares tumble as Q3 profit margin growth slows despite record sales By Investing.com

Carvana shares tumble as Q3 profit margin growth slows despite record sales By Investing.com

Update: 2025-10-30
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Carvana's Q3 results: Record revenue of $5.65 billion, 44% increase in car sales, and solid net income. Despite impressive numbers, stock drops due to high expectations. Guidance for Q4 and beyond: 150,000 car sales, adjusted EBITDA at or above previous range. Carvana expands network, invests in tech, and remains confident in its tech-driven model.

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Carvana shares tumble as Q3 profit margin growth slows despite record sales By Investing.com

Carvana shares tumble as Q3 profit margin growth slows despite record sales By Investing.com