CARS Q3 revenue up 5% YoY to $164.6M, net loss of $2.9M; guides Q4 revenue $165-167M

Cars.com Inc.

2022-Q3 EPS reported $0.10 revenue$485,675,000

Revenue $164.6M, up 5% YoY; dealer customers 19,585, up 3% YoY.
Net loss $2.9M ($0.04 diluted EPS) vs net income $2.4M ($0.03) in prior year quarter.
Adjusted EBITDA $49.9M (30% margin), up 9% YoY.
Q4 2022 guidance: revenue $165-167M, adjusted EBITDA margin 28.5%-30.0%.
Free cash flow $76.9M YTD; repurchased 1.4M shares for $16.7M in Q3.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Cars.com Inc. reported the third quarter ended September 30, 2022 results: revenue $164.6 million, net income Net loss of $2.9 million, or $0.04 per diluted share. Guidance reaffirmed.

Period: the third quarter ended September 30, 2022
Revenue: $164.6 million
Net income: Net loss of $2.9 million, or $0.04 per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

a robust set of digital solutions, today released its financial results for the third quarter ended September 30, 2022. Q3 2022 Financial and Key Metric Highlights ● Revenue of $164.6 million, up $8.0 million, or 5% year-over-year ● Net loss of $2.9 million, or $0.04 per diluted share, compared to Net income of $2.4 million, or $0.03 per diluted share, in the prior

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Source: SEC EDGAR

accession 0000950170-22-021561

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