secwatch.observer — SEC 8-K summary
======================================

Issuer:     Cars.com Inc. (CARS)
CIK:        0001683606
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0000950170-25-028371
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1683606/000095017025028371/0000950170-25-028371-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1683606/000095017025028371/cars-20250227.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-028371

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer