CarGurus (CARG) Tops Q4 EPS by 3c, Offers Guidance

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CarGurus Announces Fourth Quarter 2018 and Full Year 2018 Results

February 28, 2019 4:05 PM EST

Fourth Quarter Highlights:

Total revenue of $126.1 million, an increase of 39% year-over-yearGAAP operating income of $6.9 million; non-GAAP operating income of $12.7 millionGAAP net income of $12.5 million; non-GAAP net income of $12.2 millionAdjusted EBITDA of $14.0 million

Full Year 2018 Highlights:

Total revenue of $454.1 million, an increase of 43% year-over-yearGAAP operating income of $23.2 million; non-GAAP operating income of $44.0 millionGAAP net income of $65.2 million; non-GAAP net income of $40.8 millionAdjusted EBITDA... More