Cars.com Q4 rev $179.6M (+7% YoY); FY rev $689.2M (+5%); guides Q1 rev $179-181M

Cars.com Inc.

2023-FY EPS reported $1.74 revenue$689,183,000

Q4 revenue $179.6M, +7% YoY; net income $8.3M ($0.12 EPS) vs $10.3M ($0.15 EPS) prior year.
Full-year revenue $689.2M (+5%); net income $118.4M ($1.74 EPS) vs $17.2M ($0.25 EPS) due to tax valuation allowance release.
ARPD $2,523 (+7% YoY); dealer customers 19,504 (up 789 from Q3, includes 950 from D2C Media acquisition).
Adjusted EBITDA Q4 $55.4M (31% margin); FY adjusted EBITDA $194.9M (28.3% margin).
Q1 2024 revenue guidance $179-181M (7-8% growth); FY rev growth 6-8%; adj. EBITDA margin 28-30%.

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 year ended December 31, 2023 results: revenue $689.2 million, net income $118.4 million, or $1.74 per diluted share, EPS $1.74 per diluted share.

Period: the year ended December 31, 2023
Revenue: $689.2 million
Net income: $118.4 million, or $1.74 per diluted share
EPS: $1.74 per diluted share
Result: reported results

Exact text from the filing

2023 Full-Year Financial and Key Metric Highlights • Revenue of $689.2 million, up $35.3 million, or 5% year-over-year • Net income of $118.4 million, or $1.74 per diluted share

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Cars.com Inc. reported the fourth quarter ended December 31, 2023 results: revenue $179.6 million, net income $8.3 million, or $0.12 per diluted share, EPS $0.12 per diluted share.

Period: the fourth quarter ended December 31, 2023
Revenue: $179.6 million
Net income: $8.3 million, or $0.12 per diluted share
EPS: $0.12 per diluted share
Result: reported results

Exact text from the filing

Q4 2023 Financial and Key Metric Highlights • Revenue of $179.6 million, up $11.4 million, or 7% year-over-year • Net income of $8.3 million, or $0.12 per diluted share

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

Cars.com Inc. filing history →

Source: SEC EDGAR

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