CARG News and Press, CarGurus Inc. From 05/08/21

Image source: The Motley Fool. CarGurus, Inc. (NASDAQ: CARG) Q1 2021 Earnings Call May 7, 2021 , 3:30 p.m. ET Operator Continue reading For further details see: CarGurus, Inc. (CARG) Q1 2021 Earnings Call Transcript

Shares of CarGurus (NASDAQ: CARG) , which operates a well-known online automotive marketplace, gained 13.6% in Friday trading after the company released better-than-expected first-quarter earnings and revenues. The report's highlights include a 9% increase in total revenue to $1...

The following slide deck was published by CarGurus, Inc. in conjunction with their 2021 Q1 earnings call. For further details see: CarGurus, Inc. 2021 Q1 - Results - Earnings Call Presentation

CarGurus ([[CARG]] +10.1%) reports revenue growth of 9% in Q1. Marketplace subscription revenue fell 2% to $139.6M vs. consensus of $137.4M.U.S. revenue grew 10% to $163M and International revenue declined 14% to $8.4M.Non-GAAP operating margin rate was 28.3% vs. consensus of 2...

CarGurus (CARG): Q1 Non-GAAP EPS of $0.33 beats by $0.10; GAAP EPS of $0.19 beats by $0.04.Revenue of $171.4M (+8.7% Y/Y) beats by $12.64M.Press Release For further details see: CarGurus EPS beats by $0.10, beats on revenue

First Quarter Highlights: Total revenue of $171.4 million, an increase of 9% year-over-year GAAP operating income of $25.8 million; non-GAAP operating income of $48.5 million GAAP consolidated net income of $19.6 million; non-GAAP consolidated net income of $38...

Two online car sellers are CarGurus (CARG) and Carvana (CVNA). Both are benefitting from strength in used car prices and the growth of online sales. Find out which is the better pick? Automotive retailers are now in the spotlight as the economy reopens. Used car prices are soaring as ne...

CAMBRIDGE, Mass., April 28, 2021 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global online automotive marketplace, today announced that Brad Rosenfeld has joined the company as its Executive Vice President of Digital Retail Commercialization. In this new role, he will be resp...

While electric vehicle (EV) companies face difficulties in manufacturing new cars amid a global semiconductor chip shortage, and the need to travel while maintaining social distance remains, the demand for used cars has been increasing massively. Given this background, we think Group 1 Automo...

Google (GOOG) is testing placing local car and auto dealership inventory in search results, according to Search Engine Land. The company hasn't formally announced a comprehensive new program, but the car listings are already live on the site. Google did previously disclose a pilot test of the...