secwatch.observer — SEC 8-K summary
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Issuer:     Cars.com Inc. (CARS)
CIK:        0001683606
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0000950170-22-021561
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1683606/000095017022021561/0000950170-22-021561-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1683606/000095017022021561/cars-20221103.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-021561

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