secwatch / observer

Cars.com Inc. — fact timeline

Source-grounded facts extracted from Cars.com Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

CARS Cars.com Inc. JSON
Earnings Releases

Cars.com Inc. reported first quarter ended March 31, 2026 results: revenue $180.2 million, net income $5.0 million, EPS $0.08 per diluted share.

“and is incorporated herein by reference. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Cars.com Reports First Quarter 2026 Results • Revenue grew in line with guidance to $180.2 million, up 1% year-over-year • Net income increased to $5.0 million compared to net loss of ($2.0) million in the prior year • Adjusted EBITDA grew to $51.0 million, up 1%”
Earnings Releases

Cars.com Inc. updated its guidance (reaffirmed).

“On April 9, 2026, Cars.com Inc.. (the "Company"), issued a press release reaffirming its Q1 2026 and FY2026 guidance provided on its earnings call on February 26, 2026.”
Restructurings & Charges

Cars.com Inc. announced a restructuring with charges of approximately $8.5-$9 million (approximately 11% of its full-time roles, including certain management roles and two executive roles).

“On April 9, 2026, the Company also announced a cost reduction program that includes a reduction in the Company’s workforce of approximately 11% of its full-time roles, including certain management roles and two executive roles. In connection with this workforce reduction, the Company expects to incur aggregate charges of approximately $8.5-$9 million, consisting primarily of employee-related costs, including severance, benefits, and other related expenses.”
Governance Changes

Cars.com Inc.: Amended and Restated Certificate of Incorporation to provide for exculpation of certain officers (effective 2025-06-05).

“At the Annual Meeting the Company’s stockholders also approved an amendment to the Company’s Amended and Restated Certificate of Incorporation (the “Exculpation Amendment”) to provide for exculpation of certain officers of the Company as permitted by the Delaware General Corporation Law. The Exculpation Amendment became effective upon the filing of an Amended and Restated Certificate of Incorporation of the Company with the Delaware Secretary of State on June 5, 2025 (the “2025 Amended and Restated Certificate of Incorporation”).”

Lisa Gosselin was appointed as Chief Commercial Officer at Cars.com Inc..

“the Board of Directors of the Company has appointed Lisa Gosselin to serve as the successor to Mr. Miller as the Company’s Chief Commercial Officer effective February 24, 2025.”

Doug Miller departed as President and Chief Commercial Officer at Cars.com Inc..

“the Company is reporting that Doug Miller, the Company’s President and Chief Commercial Officer is departing from the Company to pursue other opportunities.”
Earnings Releases

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.

“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”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.