CarGurus (CARG) Tops Q2 EPS by 1c, Offers Guidance

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Go back to CarGurus (CARG) Tops Q2 EPS by 1c, Offers Guidance

CarGurus Announces Second Quarter 2022 Results

August 8, 2022 4:01 PM EDT

Second Quarter Highlights:

Total revenue of $511.2 million, an increase of 135% year-over-yearGAAP operating income of $23.5 million; non-GAAP operating income of $57.7 millionGAAP consolidated net income of $18.1 million; non-GAAP consolidated net income of $44.7 millionGAAP net (loss) income attributable to common stockholders of ($10.3) million; non-GAAP net income attributable to common stockholders of $38.0 millionCash, cash equivalents and short-term investments of $368.2 million and no debtConsolidated Adjusted EBITDA of $61.2 million; Adjusted EBITDA of $54.0 million

CAMBRIDGE, Mass., Aug. 08, 2022 (GLOBE... More