Cars.com (CARS) PT Lowered to $23 at BTIG
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Cars.com Reports Second Quarter 2024 Results
August 8, 2024 7:30 AM EDTRevenue Grew 6% Year-over-Year and OEM and National Revenue Achieved Record 28% Year-Over-Year Growth
Dealer Base Grew to 19,390 Customers While Sustaining Robust Average Revenue Per Dealer
Generated $69MM of Year-To-Date Cash Flows From Operating Activities
Targets Returning 50% of Second Half 2024 Free Cash Flow to Shareholders Through Share Repurchases
Reaffirms Full Year Adjusted EBITDA Outlook and Updates Revenue Outlook
CHICAGO, Aug. 8, 2024 /PRNewswire/... More
