IronPlanet experiences record first quarter performance

IronPlanet reported a record-breaking first quarter performance, with gross auction sales of $91.3 million – an increase of 26 percent over the first quarter of 2008.

Registrations to IronPlanet’s online auction marketplace continued on a record pace in the first quarter with an increase to nearly 10,000 global registrations a month, up 15 percent over first quarter 2008.

IronPlanet also drew a record number of visitors to its auctions in the first quarter, averaging more than 15,000 per auction. International buyers bid on more than 50 percent of the items sold in IronPlanet’s North America auctions during the first quarter, resulting in 19 percent of equipment sold to buyers outside of the United States.