CARG News and Press, CarGurus Inc. From 11/07/23

2023-11-07 16:06:16 ET CarGurus press release ( NASDAQ: CARG ): Q3 Non-GAAP EPS of $0.34 beats by $0.08 . Revenue of $219.4M (-48.6% Y/Y) beats by $3.43M . Sees Q4 Total revenue $208 million to $228 million. Sees Q4 Non-GAAP EPS $0.30 to $0.33. Sees 202...

CAMBRIDGE, Mass., Nov. 07, 2023 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles 1 , today announced it has entered into a definitive agreement to acquire the remaining minority equity interest...

Marketplace revenue growth accelerated to 8% YoY in the third quarter with similarly high single-digit YoY growth expected in the fourth quarter GAAP consolidated net income was $19.0 million; Consolidated Adjusted EBITDA was $48.6 million, exceeding high-end of guidance range UK ...

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CarGurus Inc. (CARG) is expected to report $0.17 for Q3 2023

2023-10-30 09:21:29 ET More on CarGurus CarGurus: Looming Uncertainty, Initiate At Hold CarGurus: Improvements At CarOffer Bode Well Stock For further details see: CarGurus appoints Elisa Palazzo as its CFO

CAMBRIDGE, Mass., Oct. 30, 2023 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles 1 , today announced the appointment of Elisa Palazzo as its Chief Financial Officer (CFO), effective December 4,...

2023-10-23 00:20:09 ET Summary CarGurus reported strong gains in its CarOffer business due to inventory shortages of new cars during the COVID-19 pandemic. The company's CarOffer business has experienced a decline in used car sales due to tumbling used car prices leading to advers...

2023-10-21 04:32:58 ET Summary CarGurus' core business remains solid, and should do well in the current environment. The company has revamped its Digital Wholesale business and saw positive EBITDA in Q2. The stock looks attractive at current levels. Back in Februar...

2023-10-20 18:11:05 ET Summary Cars.com Inc. connects buyers and sellers of cars in the U.S. and offers value-added services. The U.S. market for used automobiles is expected to reach $302 billion by 2027. Cars.com's recent financial trends show slow revenue growth but a sharp...