CarGurus to Report Second Quarter 2020 Financial Results

Rhea-AI Summary

CarGurus, Inc. (Nasdaq: CARG) plans to release its financial results for the second quarter ended June 30, 2020, on August 6, 2020, after market hours. A conference call for investors and analysts will take place on the same day at 5:00 p.m. Eastern Time, with dial-in details provided for both U.S. and international participants. An audio replay will be available following the call, and a webcast will be accessible through the company's website. CarGurus is recognized as the most visited automotive shopping site in the U.S.

Positive

• Most visited automotive shopping site in the U.S.
• Scheduled earnings release may indicate transparency and timely communication to investors.

Negative

• None.

CAMBRIDGE, Mass., July 24, 2020 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global online automotive marketplace, announced it will issue a press release reporting financial results for the  second quarter ended June 30, 2020, after the close of the market on August 6, 2020.

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 August 6, 2020. To access the conference call, dial (888) 220-8474 for the U.S. or Canada, or (646) 828-8193 for international callers, and use the passcode 7553176. 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 August 6, 2020, until 11:59 p.m. Eastern Time on August 20, 2020, by dialing (844) 512-2921 for the U.S. or Canada, or (412) 317-6671 for international callers, and entering passcode 10146279. In addition, an archived webcast will be available on the Investors section of the company's website at https://investors.cargurus.com.

About CarGurus

Founded in 2006, CarGurus (Nasdaq: CARG) is a global, online automotive marketplace connecting buyers and sellers of new and used cars. The Company uses proprietary technology, search algorithms and data analytics to bring trust and transparency to the automotive search experience and help users find great deals from top-rated dealers. CarGurus is the most visited automotive shopping site in the U.S. (source: Comscore Media Metrix® Multi-Platform, Automotive – Information/Resources, Total Audience, Q1 2020, U.S. (Competitive set includes: CarGurus.com, Autotrader.com, Cars.com, TrueCar.com)).  In addition to the United States, CarGurus operates online marketplaces in Canada and the United Kingdom.

CarGurus® is a registered trademark of CarGurus, Inc.

Investor Contact:

Rodney Nelson

Head of Investor Relations, CarGurus

888-508-1190

investors@cargurus.com

FAQ

When will CarGurus release its Q2 2020 financial results?

CarGurus will release its Q2 2020 financial results on August 6, 2020, after market hours.

What time is the CarGurus earnings call scheduled?

The CarGurus earnings call is scheduled for 5:00 p.m. Eastern Time on August 6, 2020.

How can I access the CarGurus conference call?

To access the CarGurus conference call, dial (888) 220-8474 for U.S. callers or (646) 828-8193 for international callers, using passcode 7553176.

Will there be a replay of the earnings call?

Yes, an audio replay of the earnings call will be available from approximately 8:00 p.m. ET on August 6, 2020, until August 20, 2020.

Where can I find the CarGurus webcast for the earnings call?

The webcast will be available live on the Investors section of the CarGurus website.