CarGurus (CARG) Tops Q2 EPS by 19c; Guides Above Views

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Go back to CarGurus (CARG) Tops Q2 EPS by 19c; Guides Above Views

CarGurus Announces Second Quarter 2020 Results

August 6, 2020 4:05 PM EDT

Second Quarter Highlights:

Total revenue of $94.7 million, a decrease of (35%) year-over-yearGAAP operating income of $8.7 million; non-GAAP operating income of $24.7 millionGAAP net income of $7.1 million; non-GAAP net income of $21.3 millionAdjusted EBITDA of $27.5 million

CAMBRIDGE, Mass., Aug. 06, 2020 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global online automotive marketplace, today announced financial results for the second quarter ended June 30, 2020.

Although our industry and our business are facing unprecedented uncertainty amidst the COVID-19 pandemic,... More