secwatch.observer — SEC 8-K summary
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Issuer:     CarGurus, Inc. (CARG)
CIK:        0001494259
Form:       8-K
Filed at:   2021-11-09T23:59:59+00:00
Accession:  0000950170-21-003745
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CarGurus Q3 revenue $222.9M, +51% YoY; Q4 guidance $273-285M
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- Revenue $222.9M (+51% YoY); GAAP EPS $0.24, non-GAAP $0.38; beat guidance.
- Wholesale & other revenue $78.3M (+347% YoY) driven by CarOffer; marketplace sub rev $144.6M (+11%).
- Adjusted EBITDA $62.5M; free cash flow $51.4M; cash $321.1M, no debt.
- Q4 guidance: total rev $273-285M, non-GAAP op income $44-50M, non-GAAP EPS $0.28-0.30.
- Full-year guidance raised: total rev $885-897M, non-GAAP EPS $1.41-1.43.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1494259/000095017021003745/0000950170-21-003745-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1494259/000095017021003745/carg-20211109.htm
  HTML page:      https://secwatch.observer/filing/0000950170-21-003745

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer