secwatch.observer — SEC 8-K summary
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Issuer:     Cars.com Inc. (CARS)
CIK:        0001683606
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0000950170-22-014011
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CARS Q2 revenue up 5% to $162.9M, net income $5.5M, Adj EBITDA margin 28%
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- Revenue $162.9M (+5% YoY); net income $5.5M ($0.08 diluted EPS) vs $6.0M ($0.08) YoY.
- Adjusted EBITDA $45.3M (28% margin) down from $48.5M (31%) a year ago.
- Dealer customers 19,517 (+4% YoY); ARPD $2,326 (+1% YoY).
- Repurchased 1.7M shares for $18.3M in Q2; total debt $517.5M, net leverage 2.8x.
- Q3 2022 guidance: revenue $163.5-165.5M, Adj EBITDA margin 29-31%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1683606/000095017022014011/0000950170-22-014011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1683606/000095017022014011/cars-20220803.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-014011

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