CARG News and Press, CarGurus Inc. From 08/07/21

CarGurus, Inc. (CARG) Q2 2021 Earnings Conference Call August 5, 2021 5:00 PM ET Company Participants Kirndeep Singh – Vice President and Head-Investor Relations Jason Trevisan – Chief Executive Officer Scot Fredo – Chief Financial Officer Sam Zales – President and...

Image source: The Motley Fool. CarGurus, inc (NASDAQ: CARG) Q2 2021 Earnings Call Aug 5, 2021 , 5:00 p.m. ET Operator Continue reading For further details see: CarGurus, inc (CARG) Q2 2021 Earnings Call Transcript

CarGurus (NASDAQ:CARG): Q2 Non-GAAP EPS of $0.41 beats by $0.16; GAAP EPS of $0.23 beats by $0.08. Revenue of $217.7M (+129.9% Y/Y) beats by $27.43M. Outlook Q3: Total revenue of $210 million to $216 million vs. consensus of $198.97M ; Non-GAAP operating income of $53 million to $57 mill...

Second Quarter Highlights: Total revenue of $217.7 million, an increase of 130% year-over-year GAAP operating income of $38.5 million; non-GAAP operating income of $68.9 million GAAP consolidated net income of $27.4 million; non-GAAP consolidated net income of ...

CAMBRIDGE, Mass., July 30, 2021 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global online automotive marketplace, today announced CarGurus Instant Max Cash Offer, a new offering powered by CarOffer to help consumers sell their vehicles 100% online and have them picked up at t...

CAMBRIDGE, Mass., July 19, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global online automotive marketplace, announced it will issue a press release reporting financial results for the second quarter ended June 30, 2021, after the close of the market on August 5, 2021....

Car prices are nearing record highs owing to rising demand amid a supply shortage. And because car inventories are expected to remain low given a global semiconductor chip shortage, car prices should continue to rise in the near term, boosting the profit margins of auto retailers CarGurus (CA...

CAMBRIDGE, Mass., June 30, 2021 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global online automotive marketplace, today has launched a new “Consumer Confidence” TV ad campaign, which will begin airing on June 30. The campaign aims to reinforce car buying confid...

The demand for internet services is rising globally, with organizations focusing on digital transformation and expanding their online platforms. Thus, the stocks of internet service companies are rebounding rapidly following an extended slump earlier this year. Internet companies J2 Global (J...

CAMBRIDGE, Mass., June 24, 2021 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global online automotive marketplace, today announced its latest consumer sentiment research focused on autonomous vehicles (AVs). The CarGurus Self-Driving Vehicle Sentiment Survey compiled...