{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-037596","form_type":"8-K","ticker":"CARS","cik":"0001683606","company_name":"Cars.com Inc.","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.851572+00:00","generated_at":"2026-06-12T08:40:55.819567+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Cars.com Q2 revenue $168.2M (+3% YoY), net income $94.1M on tax benefit, ARPD up 6%","bullets":["Revenue $168.2M (+3% YoY); net income $94.1M ($1.37 diluted EPS) driven by valuation allowance release.","Adjusted EBITDA $45.6M (27% margin); ARPD $2,472 (+6% YoY); dealer customers 18,785 (down 401 from Q1).","Traffic 156M visits (+5% YoY); free cash flow $45.6M in H1 2023 vs $33.7M prior year.","Full-year revenue guidance tightened to 4-6% growth (midpoint raised); Q3 revenue guidance $172-174M.","Year-to-date share repurchases 0.9M shares for $17.2M; total debt $458.8M, net leverage 2.3x."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-037596","json":"https://secwatch.observer/filing/0000950170-23-037596.json","markdown":"https://secwatch.observer/filing/0000950170-23-037596.md","text":"https://secwatch.observer/filing/0000950170-23-037596.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1683606/000095017023037596/0000950170-23-037596-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1683606/000095017023037596/cars-20230803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T08:40:55.819567+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f2fc806af3ef7c22fec6ba714169277cb7f7ffbd","claim":"Cars.com Inc. reported second quarter ended June 30, 2023 results: revenue $168.2 million, net income $94.1 million, or $1.37 per diluted share, EPS $1.37 per diluted share.","evidence_excerpt":"a robust set of digital solutions, today released its financial results for the second quarter ended June 30, 2023. Q2 2023 Financial and Key Metric Highlights ● Revenue of $168.2 million, up $5.3 million, or 3% year-over-year ● Net income of $94.1 million, or $1.37 per diluted share, compared to $5.5 million, or $0.08 per diluted share, in the prior year. Current","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1683606/000095017023037596/0000950170-23-037596-index.htm","confidence":0.92,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$168.2 million"},{"label":"Net income","value":"$94.1 million, or $1.37 per diluted share"},{"label":"EPS","value":"$1.37 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}