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-0.00326909448368874 -0.00196276302167526 0.00354342409071164 0.0150195459845004 0.0117569831581216 0.0115904258967149 0.0173056260430241 0.0127334659259768
Stock impact report

CarGurus Inc (CARG) Q4 2024 Earnings Call Highlights: Strong Revenue Growth Amidst Challenges [Yahoo! Finance]

CarGurus, Inc. - Class A (CARG) 
Last cargurus, inc. - class a earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.cargurus.com/investor-relations
Company Research Source: Yahoo! Finance
Positive Points CarGurus Inc ( NASDAQ:CARG ) reported a 14% year-over-year increase in full-year marketplace revenue, with growth accelerating throughout the year. The company achieved a 23% year-over-year increase in international revenue, with significant operating profit expansion. CarGurus Inc ( NASDAQ:CARG ) saw strong OEM advertising business growth, returning to double-digit year-over-year expansion after several years of contraction. The company's platform has been rated the best ROI by dealers in the industry, capturing a larger share of dealer spend. CarGurus Inc ( NASDAQ:CARG ) reported a 26% year-over-year increase in annual consolidated adjusted EBITDA, with margins expanding over 600 basis points to nearly 28%. Negative Points The digital wholesale segment ended the year with an $18 million adjusted EBITDA loss, reflecting declines in transaction volume. Wholesale revenue was down 55% year over year, driven by a decline in dealer-to-dealer transaction vo Show less Read more
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