2024-02-22 15:39:03 ET
Cars.com Inc. (CARS)
Q4 2023 Earnings Conference Call
February 22, 2024 09:00 ET
Company Participants
Robbin Randolph - Director, Investor Relations
Alex Vetter - Chief Executive Officer
Sonia Jain - Chief Financial Officer
Conference Call Participants
Rajat Gupta - JPMorgan
Thomas White - D.A. Davidson
Naved Khan - B. Riley Securities
Kunal Madhukar - UBS
Doug Arthur - Huber Research
Gary Prestopino - Barrington Research
Marvin Fong - BTIG
Presentation
Operator
Good morning and welcome to Cars.com Inc.’s Fourth Quarter and Full Year 2023 Earnings Conference Call. This call is being recorded and a live webcast and accompanying slides can be found at investor@cars.com. An archive of the webcast will be available at cars.com Investor Relations website.
I’d now like to turn the call over to Robbin Randolph, Director of Investor Relations. Thank you. Please go ahead.
Robbin Randolph
Good morning, everyone and thank you for joining us. It’s my pleasure to welcome you to the Cars.com Inc.’s fourth quarter and full year 2023 conference call. With me this morning are Alex Vetter, CEO; and Sonia Jain, CFO. Alex will start by discussing the business highlights from our fourth quarter and full year, then Sonia will discuss our financial results in greater detail along with our 2024 outlook. We’ll finish the call with Q&A.
Before I turn the call over to Alex, I’d like to draw your attention to our forward-looking statements and the description and definition of non-GAAP financial measures, which can be found in our presentation. We will be discussing certain non-GAAP financial measures today, including adjusted EBITDA, adjusted EBITDA margin, adjusted operating expenses and free cash flow. Reconciliations of these non-GAAP measures to the most directly comparable GAAP measures can be found in the financial tables included with our earnings press release and in the appendix of our presentation....
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Cars.com Inc. (CARS) Q4 2023 Earnings Call Transcript