CarGurus (CARG) Tops Q1 EPS by 12c, Revenues Beat

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CarGurus Announces First Quarter 2020 Results

May 7, 2020 4:06 PM EDT

First Quarter Highlights:

Total revenue of $157.7 million, an increase of 17% year-over-yearGAAP operating income of $12.0 million; non-GAAP operating income of $25.1 millionGAAP net income of $12.7 million; non-GAAP net income of $22.1 millionAdjusted EBITDA of $27.6 million

CAMBRIDGE, Mass., May 07, 2020 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global automotive marketplace, today announced financial results for the first quarter ended March 31, 2020.

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