CarGurus (CARG) Tops Q1 EPS by 1c, Offers Guidance

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CarGurus Announces First Quarter 2022 Results

May 9, 2022 4:01 PM EDT

First Quarter Highlights:

Total revenue of $430.6 million, an increase of 151% year-over-yearGAAP operating income of $26.7 million; non-GAAP operating income of $62.2 millionGAAP consolidated net income of $18.8 million; non-GAAP consolidated net income of $48.9 millionGAAP net loss attributable to common stockholders of ($62.1) million; non-GAAP net income attributable to common stockholders of $42.9 millionCash, cash equivalents and short-term investments of $375.0 million and no... More