CARG News and Press, CarGurus Inc. From 08/11/23

2023-08-11 15:24:23 ET Summary CarGurus, Inc. stock has fallen dramatically in recent weeks, presenting a potential buying opportunity. The company operates a platform for automobile dealers and consumers to buy and sell cars. Despite a decline in revenues, CarGurus reported s...

2023-08-10 22:54:08 ET CarGurus, Inc. (CARG) Q2 2023 Earnings Conference Call August 09, 2023 05:00 PM ET Company Participants Kirndeep Singh - VP and Head, Investment Jason Trevisan - CEO Sam Zales - President and COO Conference Call Participants Chr...

2023-08-09 16:13:48 ET CarGurus press release ( NASDAQ: CARG ): Q2 Non-GAAP EPS of $0.29 beats by $0.06 . Revenue of $239.7M (-53.1% Y/Y) beats by $9.33M . Sees Q3 revenue of $201 to $221M. The Q3 revenue estimate is $238.69M. Sees Q3 adj. EPS of $0.24 to $...

GAAP consolidated net income was $13.8 million; Consolidated Adjusted EBITDA was $45.2 million, exceeding high-end of guidance range Digital Wholesale demonstrated ongoing efficiency in operating metrics Digital Deal adoption reaches 2,900 dealers with over 250,000 digitally-enabled l...

2023-08-07 17:40:48 ET Gainers: PRA Group ( PRAA ) +18% . National CineMedia ( NCMI ) +17% . Sterling Infrastructure ( STRL ) +9% . Microvast Holdings ( MVST ) +9% . CarGurus ( CARG ) +7% . Losers: EverQuote ( EVER ) ...

CAMBRIDGE, Mass., Aug. 03, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles 1 , today announced that it will delay its second quarter 2023 earnings release and conference call, previously sc...

2023-07-27 00:54:10 ET Summary CarGurus has seen its stock price rise by over 50% this year, despite facing fundamental issues such as breaking into the wholesale business and slower traffic growth. The company has focused on its core marketplace business, which involves advertisi...

SAN FRANCISCO, July 25, 2023 (GLOBE NEWSWIRE) -- Autolist, a CarGurus (Nasdaq: CARG) company providing a fast-growing mobile-focused new and used car search engine, has released its annual Electric Vehicle (EV) Survey offering insights into evolving consumer attitudes towards EVs. T...

CAMBRIDGE, Mass., July 20, 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 second quarter ended June 30 th ...

Gupta brings product leadership and vision scaling global platforms to Board position with the nation’s most visited automotive shopping site 1 CAMBRIDGE, Mass., July 17, 2023 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shoppin...