secwatch.observer — SEC 8-K summary
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Issuer:     CarGurus, Inc. (CARG)
CIK:        0001494259
Form:       8-K
Filed at:   2022-02-24T23:59:59+00:00
Accession:  0000950170-22-001970
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CarGurus Q4 revenue rises 124% YoY to $339M; guides Q1 revenue $390-410M
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- Total revenue $339.3M (+124% YoY); Marketplace $160.8M, Wholesale $82.6M, Product $96.0M.
- GAAP operating income $43.9M (+31% YoY); non-GAAP operating income $76.3M (+63% YoY).
- GAAP net loss attributable to common stockholders ($79.8M) or ($0.68)/share; non-GAAP net income $50.4M ($0.43)/share.
- Full-year 2021 revenue $951.4M (+73% YoY); cash & investments $321.9M, no debt.
- Q1 2022 guidance: revenue $390-410M, non-GAAP op. income $59-65M, non-GAAP EPS $0.31-0.33.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1494259/000095017022001970/0000950170-22-001970-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1494259/000095017022001970/carg-20220224.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-001970

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