CARG News and Press, CarGurus Inc. From 11/06/20

CarGurus will waive December marketplace subscription fees for subscribing dealers on CarGurus and PistonHeads in the UK Company will also offer free trials for Area Boost product to expand dealers’ reach to buyers for vehicles available for delivery CarGurus is committed...

CarGurus (CARG): Q3 Non-GAAP EPS of $0.37 beats by $0.15; GAAP EPS of $0.29 beats by $0.15.Revenue of $147.5M (-2.0% Y/Y) beats by $11.57M.Shares +4.8% AH.Press Release For further details see: CarGurus EPS beats by $0.15, beats on revenue

Third Quarter Highlights: Total revenue of $147.5 million , a decrease of (2%) year-over-year GAAP operating income of $43.6 million ; non-GAAP operating income of $55.1 million GAAP net income of $32.6 ...

Gainers: [[DRAD]] +40.0%. [[SUPN]] +17.8%. [[SMCI]] +13.2%. [[ITUB]] +6.7%. [[KE]] +6.2%.Losers: [[NBR]] -12.8%. [[TRHC]] -8.6%. [[MRCY]] -7.4%. [[CLW]] -6.6%. [[CARG]] -5.5%. For further details see: DRAD, SUPN, NBR and CLW among after-hours movers

A nalysis shows several bright spots for popular vehicle segment, but affordability concerns remain amid pandemic CAMBRIDGE, Mass., Oct. 29, 2020 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global online automotive marketplace, today released its CarGurus 20...

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CarGurus (CARG) is up 4.3% premarket after an upgrade to Buy at BTIG, from Neutral. The firm's got valuation on its mind after the shares have run down about 35% from an early-August high. That means a risk profile "attractive at current levels, especially with auto dealer fundamentals lookin...

CAMBRIDGE, Mass., Oct. 22, 2020 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global online automotive marketplace, announced it will issue a press release reporting financial results for the third quarter ended September 30, 2020, after the close of the market on November 5,...

CAMBRIDGE, Mass., Oct. 16, 2020 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global online automotive marketplace, today announced the details and dates of Navigate® 2020 . This free, virtual event will be held October 26-27, and is designed to help educate automotive ret...

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...