Cars.com, Inc. Stock News

CHICAGO , Jan. 24, 2025 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a " Cars Commerce " or the "Company"), an audience-driven technology company empowering automotive, today announced the acquisition of (DealerClub), a reputation-based automotive digital wholesale auction. The Company paid approximately $25 million in cash at closing.

Company's Connected Platform on Full Display in Booth 1426 at the 2025 NADA Show This Month CHICAGO , Jan. 22, 2025 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a " Cars Commerce "), an audience-driven technology company empowering automotive, shares new data about the value of its connected platform. Dealer customers taking advantage of more than one of the platform's four core capabilities...

New year brings tightening used-car supply, a shifting definition of "American-made," and new strategies for electric cars CHICAGO , Dec. 17, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc."), an audience-driven technology company powering automotive, today released its 2025 Automotive Trends. The industry is entering the new year with a mix of optimism and challenges...

Cars.com recently reported Q3 2024 results, matching revenue estimates but missing earnings projections. Financial trends show slight revenue growth, improved operating income, and strong free cash flow, but gross margins have declined due to higher product and technology expenses. My near-term hold outlook hinges on dealer demand recovery, with potential upside if growth rates improve. But sig...

Cars.com Inc. (NYSE:CARS ) Q3 2024 Results Conference Call November 7, 2024 9:00 AM ET Company Participants Catherine Chen - Vice President, Investor Relations Alex Vetter - Chief Executive Officer Sonia Jain - Chief Financial Officer Conference Call Participants Naved Khan - B. Riley Tom White - Davidson Zach Walljasper - UBS Gary Prestopino - Barrington Research Marvin Fong - BTIG Operator Go...

Revenue Grew 3% Year-over-Year, with OEM and National Revenue Achieving 17% Year-over-Year Growth Platform Growth Driven by AccuTrade, D2C Media, and VIN Performance Media Products Generated $123MM of Year-To-Date Net Cash Provided by Operating Activities, up 34% Year-over-Year Repurchased 1.2 Million Shares, Representing 45% of Quarterly Free Cash Flow CHICAGO , Nov. 7, 2024 /PRNewswire/ --  C...

-  EV9 praised for driving performance, value and capability IRVINE, Calif. , Oct. 25, 2024 /PRNewswire/ -- The all-electric 2024 Kia EV9 has been named Cars.com's "Top Pick: 3-Row Electric SUV.

CHICAGO , Oct. 24, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a " Cars Commerce Inc " or the "Company"), an audience-driven technology company empowering the automotive industry, today announced that it expects to report its financial results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024. The Company will host a conference call with a live webcast at 8:...