STOCK TITAN

CarGurus to Report First Quarter 2023 Financial Results

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
conferences earnings
Rhea-AI Summary

CarGurus, Inc. (Nasdaq: CARG), the leading digital auto platform for vehicle shopping, will release its financial results for the first quarter ending March 31, 2023, on May 9, 2023. The announcement will be made after market close, followed by a conference call at 5:00 PM ET to discuss the results with investors and analysts. Interested parties can join the conference call via specific dial-in numbers or access a live webcast through the company's investor relations website. Audio replays will be available following the call. CarGurus continues to enhance its marketplace with digital retail solutions and its CarOffer online wholesale platform, aiming to provide a transparent and competitive pricing experience for both consumers and dealerships.

Positive
  • Upcoming financial results release on May 9, 2023, could provide insights into growth and profitability.
  • Continued investment in digital retail solutions and CarOffer platform may enhance revenue streams.
Negative
  • None.

CAMBRIDGE, Mass., April 18, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will issue a press release reporting financial results for the First Quarter ended March 31st, 2023, after the close of the market on May 9th, 2023.

CarGurus will host a conference call and live webcast to discuss those financial results for investors and analysts at 5:00 p.m. Eastern Time on May 9th, 2023. To access the conference call, dial (877) 451-6152 for the U.S. or Canada, or (201) 389-0879 for international callers. The webcast will be available live on the Investors section of the company’s website at https://investors.cargurus.com.

An audio replay of the call will also be available to investors beginning at approximately 8:00 p.m. Eastern Time on May 9th, 2023, until 11:59 p.m. Eastern Time on May 16th, 2023, by dialing (844) 512-2921 for the U.S. or Canada, or (412) 317-6671 for international callers, and entering passcode 13736915. In addition, an archived webcast will be available on the Investors section of the company’s website at https://investors.cargurus.com.

About CarGurus, Inc.

CarGurus (Nasdaq: CARG) is a multinational, online automotive platform for buying and selling vehicles that is building upon its industry-leading listings marketplace with both digital retail solutions and the CarOffer online wholesale platform. The CarGurus platform gives consumers the confidence to purchase and/or sell a vehicle either online or in-person, and it gives dealerships the power to accurately price, effectively market, instantly acquire and quickly sell vehicles, all with a nationwide reach. The company uses proprietary technology, search algorithms and data analytics to bring trust, transparency, and competitive pricing to the automotive shopping experience. CarGurus is the most visited automotive shopping site in the U.S.1

CarGurus also operates online marketplaces under the CarGurus brand in Canada and the United Kingdom. In the United States and the United Kingdom, CarGurus also operates the Autolist and PistonHeads online marketplaces, respectively, as independent brands.

To learn more about CarGurus, visit www.cargurus.com, and for more information about CarOffer, visit www.caroffer.com.

CarGurus® is a registered trademark of CarGurus, Inc., and CarOffer® is a registered trademark of CarOffer, LLC. All other product names, trademarks and registered trademarks are the property of their respective owners.

Similarweb: Overview Report (Traffic Insights), Q4 2022, U.S.

Investor Contact:
Kirndeep Singh
Vice President, Investor Relations
investors@cargurus.com


FAQ

When will CarGurus report its financial results for the first quarter of 2023?

CarGurus will report its financial results on May 9, 2023, after market close.

What time is the CarGurus conference call for discussing financial results?

The conference call will take place at 5:00 PM ET on May 9, 2023.

How can I access the CarGurus financial results conference call?

The conference call can be accessed by dialing specific numbers for U.S./Canada or international callers, or through a live webcast on the company's investor relations website.

What is the significance of CarGurus' upcoming financial results?

The upcoming financial results will provide insights into CarGurus' growth, profitability, and future business strategies.

CarGurus, Inc.

NASDAQ:CARG

CARG Rankings

CARG Latest News

CARG Stock Data

3.67B
87.95M
1.68%
97.54%
5.45%
Auto & Truck Dealerships
Services-computer Processing & Data Preparation
Link
United States of America
BOSTON