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CARG News and Press, CarGurus Inc. From 05/10/23

Stock Information

Company Name: CarGurus Inc.
Stock Symbol: CARG
Market: NASDAQ
Website: cargurus.com

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CARG - CarGurus rallies after posting better-than-feared Q1 earnings report

2023-05-10 13:16:11 ET CarGurus ( NASDAQ: CARG ) pushed higher in afternoon trading on Wednesday after the retailer posted a better-than-feared Q1 earnings report. Revenue was down 46% year-over-year during the quarter to $232.0M. Marketplace revenue was up 2% to $167.1M, wh...

CARG - CarGurus, Inc. (CARG) Q1 2023 Earnings Call Transcript

2023-05-09 20:07:10 ET CarGurus, Inc. (CARG) Q1 2023 Earnings Conference Call May 09, 2023, 17:00 ET Company Participants Kirndeep Singh - VP & Head, IR Jason Trevisan - CEO, Treasurer & Director Samuel Zales - COO & President Conference Call Pa...

CARG - CarGurus Q1 results beat estimates, co sees Q2 2023 revenue in-line

2023-05-09 16:23:30 ET CarGurus press release ( NASDAQ: CARG ): Q1 Non-GAAP EPS of $0.26 beats by $0.10 . Revenue of $232M (-46.1% Y/Y) beats by $17.65M . Sees Q2 revenue of $220 million to $240 million. The Q2 revenue estimate is $228.34M. Sees Q2 adj....

CARG - CarGurus Announces First Quarter 2023 Results

First Quarter Highlights: Total revenue of $232.0 million GAAP operating income of $14.1 million; non-GAAP operating income of $36.6 million GAAP consolidated net income of $11.9 million; non-GAAP consolidated net income of $29.0 million GAAP net income attribu...

CARG - Cars.com Guides To Tenuous Growth As Credit Availability Questions Rise

2023-05-08 18:21:53 ET Summary Cars.com Inc. recently reported its Q1 2023 financial results, beating revenue while missing earnings per share estimates. The firm operates a website and service that connects buyers with sellers of used automobiles in the United States. While C...

CARG - CarGurus to Report First Quarter 2023 Financial Results

CAMBRIDGE, Mass., April 18, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles 1 , announced it will issue a press release reporting financial results for the First Quarter ended March 31 st...

CARG - CarGurus Releases its Ninth Annual Top-Rated Dealer Awards

CAMBRIDGE, Mass., March 20, 2023 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles 1 , announced its ninth annual Top-Rated Dealer Awards. The longest-running program of its kind, the awards hon...

CARG - CarGurus February 2023 Intelligence Report Finds Used Car Price Trends Reverse as Inventory Tightens

CAMBRIDGE, Mass., March 08, 2023 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles 1 , today released its U.S. February 2023 Intelligence Report. According to findings, February marks the first ...

CARG - Why CarGurus Stock Raced Ahead 11% Today

Shares of online automotive marketplace CarGurus (NASDAQ: CARG) are jumping today, up 11.5% as of 11:30 a.m. ET, after the company crushed analysts' earnings estimates in its Q4 report last night. Heading into the quarter, Wall Street had forecast that CarGurus would earn $0.10 pe...

CARG - CarGurus, Inc. (CARG) Q4 2022 Earnings Call Transcript

CarGurus, Inc. (CARG) Q4 2022 Results Conference Call February 28, 2023 05:00 PM ET Company Participants Kirndeep Singh - VP and Head, IR Jason Trevisan - CEO Sam Zales - President and COO Conference Call Participants John Colantuoni - Jefferies Jed Kel...

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