CarGurus (CARG) Tops Q1 EPS by 6c

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CarGurus Announces First Quarter 2019 Results

May 9, 2019 4:07 PM EDT

First Quarter Highlights:

Total revenue of $135.3 million, an increase of 37% year-over-yearGAAP operating income of $7.4 million; non-GAAP operating income of $15.3 millionGAAP net income of $12.6 million; non-GAAP net income of $13.5 millionAdjusted EBITDA of $16.7 million

CAMBRIDGE, Mass., May 09, 2019 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global automotive marketplace, today announced financial results for the first quarter ended March 31, 2019.

CarGurus is off to a strong start in 2019, highlighted by the launch... More