CARG News and Press, CarGurus Inc. From 09/21/20

Revenue growth rates are likely to remain negative for a while. However, CarGurus' bottom line is guided to be more profitable than 2019. CarGurus is free cash flow generative with no debt and a lot of cash on its balance sheet. On balance, it's very difficult to justify paying 35...

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Though most internet stocks are enjoying one of the biggest heyday years in history so far in 2020, CarGurus ( CARG ) is one notable exception. This used-car site, which is consumers' most-visited site for researching used vehicles before purchasing, has been hurt by closures and failures of t...

CAMBRIDGE, Mass., Aug. 25, 2020 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading online automotive marketplace, today announced that Global Lending Services (GLS) has joined its multi-lender financing platform that allows eligible consumers to get pre-qualified for auto loans from the...

As the pandemic has created a shortage of used cars and fueled fears of getting sick, many people are opting to buy used-cars online. Carvana (CVNA), CarMax (KMX), Autonation (AN) and CarGurus (CARG) are four stocks benefiting from the situation. The used vehicles market is gaining traction...

CarGurus, Inc. (CARG) Q2 2020 Earnings Conference Call August 06, 2020 05:00 PM ET Company Participants Scot Fredo - Senior Vice President of Financial Planning & Analysis Langley Steinert - Founder & Chief Executive Officer Jason Trevisan - Chief Financial Officer & ...

There is growing concern among investors that CarMax Inc. (KMX) will get left behind, due to its old business model, in an industry that is fast getting digitized, a process that has picked pace after the pandemic. Yes, the stock may have recovered most of the ground lost after March, when t...

Shares of CarGurus, Inc . (NASDAQ: CARG) , an online platform connecting buyers and sellers of both new and used cars, declined over 13% during early Friday trading, before recovering some losses, after the company announced second-quarter results. It was a rough second quarter for the compan...

Image source: The Motley Fool. CarGurus, Inc.   (NASDAQ: CARG) Q2 2020 Earnings Call Aug 6, 2020 , 5:00 p.m. ET Operator Continue reading