Highest-materiality recent filing
Cars.com Q1 revenue up 1% to $180.2M, net income turns positive, raises buyback target to $90M
Net income of $5.0M ($0.08 diluted EPS) vs net loss of ($2.0M) in prior year; adjusted EPS $0.45.
Cars.com cuts 11% of workforce, expects $8.5-9M charges; reaffirms FY guidance
Reducing full-time workforce by ~11%, including management and two executive roles.
Cars.com Q4 revenue up 2% to $183.9M; FY2025 record $723M; net income down 57%
Q4 revenue $183.9M (+2% YoY); net income $7.4M ($0.12 diluted) vs $17.3M ($0.26) prior year.
Cars.com CEO Alex Vetter to step down Jan 15, 2026; Tobi Hartmann appointed as successor
Alex Vetter, CEO and director, to depart Jan 15, 2026; will stay as Special Advisor through Mar 31, 2026, then receive severance.
Cars.com reports record Q3 revenue $181.6M, adjusted EBITDA margin up to 30.1%
Revenue $181.6M (record), +1% YoY; net income $7.7M down 59% on prior-year contingent consideration changes.
Cars.com Q2 revenue flat at $178.7M, net income down 38%, raises buyback target
Revenue $178.7M flat YoY; net income $7.0M down 38% from $11.4M; adjusted EPS $0.41 vs $0.38.
Cars.com shareholders approve 4M share increase for omnibus plan; exculpation amendment effective
All 11 director nominees reelected; advisory vote on executive compensation passed 48.5M vs 1.1M.
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%.
Cars.com accidentally releases internal newsletter showing Q1 record traffic, up 4% YoY
Q1 unique visitors hit record, up 4% YoY; March UVs rose 11.3% YoY, visits up 7.5%.
Cars.com appoints Lisa Gosselin as CCO; Doug Miller departs as President and CCO
Doug Miller departs as President and CCO effective Feb 24, 2025; advisor role until Mar 14, 2025, then eligible for severance.
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.
Cars.com acquires DealerClub digital wholesale auction for up to $113M
$25M cash at closing plus up to $88M earn-out based on financial thresholds.
Cars.com Q3 revenue $179.7M (+3.1% YoY); Adj. EBITDA $51.1M; reaffirms FY2024 outlook
Revenue $179.7M (+3.1% YoY); net income $18.7M vs $4.5M; Adj. EBITDA $51.1M (28.5% margin).
Cars.com Q2 revenue up 6.4% to $178.9M but cuts FY revenue growth outlook to 4.5-5.5%
Adj EBITDA $50.4M (28% margin) vs $45.6M (27%) YoY; Adj EPS $0.38 vs $0.33.
Cars.com Q1 revenue $180.2M (+8% YoY), ARPD $2,505 (+5%), adj EBITDA margin 29%
Net income $0.8M ($0.01 diluted) vs $11.5M ($0.17); adj net income $28.7M ($0.43) vs $26.2M ($0.39).
Cars.com Q4 rev $179.6M (+7% YoY); FY rev $689.2M (+5%); guides Q1 rev $179-181M
Q4 revenue $179.6M, +7% YoY; net income $8.3M ($0.12 EPS) vs $10.3M ($0.15 EPS) prior year.
Cars.com Q3 revenue $174.3M (+6% YoY); net income $4.5M; acquires D2C Media for CAD $105M
Q3 revenue $174.3M (+6% YoY); net income $4.5M ($0.07 EPS) vs loss of $2.9M prior year.
Cars.com Q2 revenue $168.2M (+3% YoY), net income $94.1M on tax benefit, ARPD up 6%
Revenue $168.2M (+3% YoY); net income $94.1M ($1.37 diluted EPS) driven by valuation allowance release.
Cars.com Q1 revenue up 6% to $167.1M; adj. EBITDA $44.3M, EPS $0.17
Revenue $167.1M (+6% YoY); net income $11.5M ($0.17 diluted EPS) vs $4.3M ($0.06) prior year.
Cars.com Q4 revenue $168.2M (+6% YoY), net income $10.3M; guides Q1 revenue $166-168M
Q4 revenue $168.2M (+6% YoY); net income $10.3M ($0.15 diluted EPS) vs net loss $2.9M in prior year.
CARS Q3 revenue up 5% YoY to $164.6M, net loss of $2.9M; guides Q4 revenue $165-167M
Revenue $164.6M, up 5% YoY; dealer customers 19,585, up 3% YoY.
Cars.com appoints Sonia Jain as CFO effective Oct 17, 2022; Tomy steps down as interim CFO
Sonia Jain rejoins Cars.com as CFO; previously served as CFO from July 2020 to April 2022.
CARS Q2 revenue up 5% to $162.9M, net income $5.5M, Adj EBITDA margin 28%
Revenue $162.9M (+5% YoY); net income $5.5M ($0.08 diluted EPS) vs $6.0M ($0.08) YoY.
Cars.com Q1 revenue up 3% to $158.2M; dealer customers grow 4% YoY; Accu-Trade acquired
Revenue $158.2M (+3% YoY); net income $4.3M ($0.06 diluted EPS) vs $5.3M ($0.08) prior year.
Cars.com CFO Sonia Jain resigns; Jandy Tomy named interim CFO; outlook reaffirmed
Sonia Jain resigns as CFO effective April 15, 2022 to join a pre-IPO VC-backed company.
Q4 revenue $158.3M (up 3% YoY); net loss $6.0M ($0.09 loss per share) vs net income $7.2M a year ago.
Cars.com Q3 revenue +8% to $156.6M; acquires CreditIQ for $30M + up to $50M earnout
Revenue $156.6M (+8% YoY); net income $2.4M ($0.03 diluted EPS) vs loss of $12.3M a year ago.
CARS Q2 revenue $155.5M, net income $6.0M; beats guidance with strong cash flow
Revenue $155.5M, up 52% YoY (11% ex credits); GAAP net income $6.0M ($0.08/diluted) vs loss of $24.6M.
the Company is reporting that Doug Miller, the Company’s President and Chief Commercial Officer is departing from the Company to pursue other opportunities.
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.
On October 4, 2022, Cars.com Inc. (“CARS”) appointed Sonia Jain, as Chief Financial Officer effective October 17, 2022.
Jandy Tomy will step down as Interim Chief Financial Officer and will serve as Executive Vice President of Finance and Treasurer, effective as of October 17, 2022.
On April 4, 2022, Cars.com Inc. (the “Company” or “CARS”) announced the resignation of Sonia Jain, Chief Financial Officer, effective April 15, 2022, to pursue a new opportunity with a pre-IPO, venture capital-backed company.
Jandy Tomy, the Company’s Vice President, and Treasurer will serve as interim Chief Financial Officer effective immediately following Sonia’s departure.
On March 4, 2022, James F. Rogers, Chief Legal Officer (CLO) of Cars.com Inc. (the “Company”), announced his decision to retire from the Company effective April 29, 2022.
On December 9, 2021, the Board of Directors (the “Board”) of Cars.com Inc. (the “Company”) appointed Doug Miller to serve as the Company’s President and Chief Commercial Officer, effective January 1, 2022.
Max materiality 0.80 · Median 0.70 · Most common event earnings