CarGurus (CARG) Tops Q2 EPS by 2c

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CarGurus Announces Second Quarter 2018 Results

August 7, 2018 4:07 PM EDT

Second Quarter Highlights:

Total revenue of $110.3 million, an increase of 45% year-over-yearGAAP operating income of $1.4 million; non-GAAP operating income of $7.0 millionGAAP net income of $31.3 million; non-GAAP net income of $6.9 millionAdjusted EBITDA of $8.3 million

CAMBRIDGE, Mass., Aug. 07, 2018 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global automotive marketplace, today announced financial results for the second quarter ended June 30, 2018.

The second quarters results built upon the momentum we delivered in Q1, resulting... More