earnings
confidence high
sentiment positive
materiality 0.75
CarGurus Q3 Marketplace revenue up 15% YoY; adj. EBITDA $64.9M, net income $22.5M
CarGurus, Inc.
2024-Q3 EPS reported
-$0.24
revenue$665,846,000
- Marketplace revenue $204.0M (+15% YoY); total revenue $231.4M (+5%).
- GAAP net income $22.5M (+19% YoY); Non-GAAP adj. EBITDA $64.9M (+33%).
- Board authorized $200.0M share repurchase program for fiscal year 2025.
- Wholesale revenue $12.1M (-44%); product revenue $15.2M (-23%).
- Cash and short-term investments $246.7M at quarter end.