CarGurus Inc. (CARG) PT Raised to $59 at RBC Capital

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CarGurus Announces Third Quarter 2018 Results

November 7, 2018 4:05 PM EST

Third Quarter Highlights:

Total revenue of $119.0 million, an increase of 43% year-over-yearGAAP operating income of $3.6 million; non-GAAP operating income of $9.2 millionGAAP net income of $12.1 million; non-GAAP net income of $9.5 millionAdjusted EBITDA of $10.5 million

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

We delivered strong growth in the third quarter, as we exceeded our... More