LMP Automotive Holdings, Inc. to Report Second Quarter 2021 Financial Results and Host Quarterly Conference Call on August 12, 2021
LMP Automotive Holdings, Inc. (NASDAQ: LMPX) will report its second quarter 2021 financial results on August 12, 2021, after market close. Management will host a conference call at 4:30 p.m. ET to discuss these results. The company focuses on consolidating and partnering with automotive dealership groups in the U.S. through e-commerce and logistics to enhance customer experience. LMPX aims to lower customer acquisition costs and expand geographically, driven by a unique growth model that generates significant cash flows.
- Long-term plans to profitably consolidate automotive dealership groups.
- Unique growth model generating significant cash flows for innovation and expansion.
- Dependence on external financing may pose risks to operations.
- High competition in a rapidly evolving industry could hinder market acceptance.
FORT LAUDERDALE, FL , July 19, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today announced it will report its second quarter 2021 financial results for the period ended June 30, 2021, after the close of market on Thursday, August 12, 2021. On that day, management will hold a conference call at 4:30 p.m. ET to review and discuss the Company's business and results.
What:
LMP Automotive Holdings, Inc. Second Quarter 2021 Financial Results Conference Call
When:
Thursday, August 12, 2021
Time:
4:30 p.m. ET
Live Call:
1-877-407-3982; International: 1-201-493-6780
A telephonic replay of the conference call will be available until Thursday August 26, 2021, by dialing 1-844-512-2921 or 1-412-317-6671 and entering passcode 13721846.
ABOUT LMP AUTOMOTIVE HOLDINGS, INC.
LMP Automotive Holdings, Inc. (NASDAQ: LMPX) is a growth company with a long-term plan to profitably consolidate and partner with automotive dealership groups in the United States. We offer a wide array of products and services fulfilling the entire vehicle ownership lifecycle, including new and used vehicles, finance and insurance products and automotive repair and maintenance.
Our proprietary e-commerce technology and strategy are designed to disrupt the industry by leveraging our experienced teams, growing selection of owned inventories and physical logistics network. We seek to provide customers with a seamless experience both online and in person. Our physical logistics network enables us to provide convenient free delivery points for customers and provide services throughout the entire ownership life cycle. We use digital technologies to lower our customer acquisition costs, achieve operational efficiencies and generate additional revenues. Our unique growth model generates significant cash flows, which funds our innovation and expansion into new geographical markets, along with strategically building out dealership networks, creating personal transportation solutions that consumers desire.
For more information visit: https://lmpmotors.com/.
FORWARD-LOOKING STATEMENTS:
This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Such statements include, but are not limited to, any statements relating to our expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar matters that are not historical facts. These statements may be preceded by, followed by or include the words “aim,” “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “likely,” “outlook,” “plan,” “potential,” “project,” “projection,” “seek,” “can,” “could,” “may,” “should,” “would,” will,” the negatives thereof and other words and terms of similar meanings. Forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition, and stock value. Factors that could cause actual results to differ materially from those currently anticipated include: our dependence upon external sources for the financing of our operations; our ability to effectively executive our business plan; our ability to maintain and grow our reputation and to achieve and maintain the market acceptance of our services and platform; our ability to manage the growth of our operations over time; our ability to maintain adequate protection of our intellectual property and to avoid violation of the intellectual property rights of others; our ability to maintain relationships with existing customers and automobile suppliers, and develop relationships; and our ability to compete and succeed in a highly competitive and evolving industry; as well as other risks described in our SEC filings. There is no assurance that any forward-looking statements will materialize. You are cautioned not to place undue reliance on forward-looking statements, which reflect expectations only as of this date. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions, or circumstances on which any such statement is based, except as required by law.
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