Cars.com Q4 revenue flat YoY, full-year record $719M; $250M share buyback authorized

Cars.com Inc.

2024-FY EPS reported $0.72 revenue$719,152,000

Q4 revenue $180.4M (+0.5% YoY); net income $17.3M ($0.26 diluted EPS) vs. $8.3M a year ago.
Full-year 2024 revenue $719.2M (+4% YoY); adjusted EBITDA $209.7M (+8%); net income $48.2M (-59% on prior-year tax benefit).
OEM/National revenue up 15% YoY in Q4; dealer revenue down 1% on dealer spending pressure.
Board authorized $250M three-year share repurchase program; targeting $60-70M repurchases in 2025.
Q1 2025 revenue guidance $178-181M; full-year 2025 revenue $745-755M, adj. EBITDA margin 29-31%.

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