LKQ Corp. says Q1 2024 revenue $3.7 billion, up 11% YOY

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Financial results

LKQ Corp. said net income stood at $158 million compared to $270 million for the same period of 2023.

LKQ Corp. reported April 23 that its revenue for the first quarter of 2024 was $3.7 billion, up 10.6% compared to $3.3 billion for the first quarter of 2023. Its total parts and services revenue increased by 12.1%. Other revenue for the first quarter of 2024 fell 14.6%, primarily due to weaker precious metals prices relative to the same period in 2023.

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