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

Issuer:     Cars.com Inc. (CARS)
CIK:        0001683606
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0000950170-25-066398
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cars.com Q1 revenue $179M (-1% YoY); net loss $2M; suspends FY revenue guidance
-------------------------------------------------------------------------------

- Revenue $179M, down 1% YoY; Dealer revenue down 2%, OEM/National up 6%.
- Net loss $2.0M or ($0.03)/diluted share vs income $0.8M in Q1 2024.
- Adjusted EBITDA $50.7M (28.3% margin) above Q1 guidance; reaffirms FY25 EBITDA margin 29%-31%.
- Suspends full-year revenue guidance citing tariff/industry uncertainty; Q2 EBITDA margin guide 27%-29%.
- Repurchased 1.6M shares for $21.5M; targets $60-70M for 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1683606/000095017025066398/0000950170-25-066398-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1683606/000095017025066398/cars-20250508.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-066398

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