{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-056289","form_type":"8-K","ticker":"CARS","cik":"0001683606","company_name":"Cars.com Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.575535+00:00","generated_at":"2026-06-02T06:22:19.301403+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 Q1 revenue $180.2M (+8% YoY), ARPD $2,505 (+5%), adj EBITDA margin 29%","bullets":["Net income $0.8M ($0.01 diluted) vs $11.5M ($0.17); adj net income $28.7M ($0.43) vs $26.2M ($0.39).","Dealer revenue +8% YoY; OEM/National revenue +13% YoY; ARPD up 5% to $2,505.","Amended credit facility: $350M all-revolver, maturity extended to May 2029, net leverage 2.2x.","Q2 revenue guidance $181-183M (7-9% growth); full-year reaffirmed 6-8%; adj EBITDA margin 28-30%.","Operating cash flow $33.5M, free cash flow $27.5M; repurchased 0.5M shares for $9.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-056289","json":"https://secwatch.observer/filing/0000950170-24-056289.json","markdown":"https://secwatch.observer/filing/0000950170-24-056289.md","text":"https://secwatch.observer/filing/0000950170-24-056289.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1683606/000095017024056289/0000950170-24-056289-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1683606/000095017024056289/cars-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T06:22:19.301403+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":"78160706d486fdf0519e747d5fef95dff88fc9c9","claim":"Cars.com Inc. reported the first quarter ended March 31, 2024 results: revenue $180.2 million, net income $0.8 million, or $0.01 per diluted share. Guidance reaffirmed.","evidence_excerpt":"technology company empowering the automotive industry, today released its financial results for the first quarter ended March 31, 2024. Q1 2024 Financial Highlights • Revenue of $180.2 million, up $13.1 million, or 8% year-over-year • Net income of $0.8 million, or $0.01 per diluted share, compared to Net income of $11.5 million, or $0.17 per diluted share, in the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1683606/000095017024056289/0000950170-24-056289-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$180.2 million"},{"label":"Net income","value":"$0.8 million, or $0.01 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"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"}