{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-018435","form_type":"8-K","ticker":"CARS","cik":"0001683606","company_name":"Cars.com Inc.","filed_at":"2024-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.106954+00:00","generated_at":"2026-06-05T19:37:54.594725+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cars.com Q4 rev $179.6M (+7% YoY); FY rev $689.2M (+5%); guides Q1 rev $179-181M","bullets":["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%."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-018435","json":"https://secwatch.observer/filing/0000950170-24-018435.json","markdown":"https://secwatch.observer/filing/0000950170-24-018435.md","text":"https://secwatch.observer/filing/0000950170-24-018435.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1683606/000095017024018435/0000950170-24-018435-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1683606/000095017024018435/cars-20240222.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T19:37:54.594725+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":"8c41bc03bfabbbfc5e3d538bf5e6a4dc3b143feb","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1683606/000095017024018435/0000950170-24-018435-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"Revenue","value":"$689.2 million"},{"label":"Net income","value":"$118.4 million, or $1.74 per diluted share"},{"label":"EPS","value":"$1.74 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e13e7da09a05c39a81f5bb952507002747d0d3a6","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1683606/000095017024018435/0000950170-24-018435-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$179.6 million"},{"label":"Net income","value":"$8.3 million, or $0.12 per diluted share"},{"label":"EPS","value":"$0.12 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"}