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Shares of online auto marketplace CarGurus (NASDAQ:CARG) fell 19.4% in the afternoon session after the company had a rough Q4 2024, with revenue and next-quarter guidance falling short of ...
CarGurus acquired a 51% stake in CarOffer in 2021 with the ability to buy the remaining equity interest over the next three years. The decision to expedite this purchase reflects CarGurus’ goal ...
CarGurus Q2 results showed accelerating revenue growth, margin expansion, and strong guidance, despite the stock's post-earnings dip. Learn more on CARG stock here.
The vehicle listings company predicts CarOffer will break even or become profitable by mid-year. CarGurus also could move ahead with a full acquisition of the wholesale digital trading platform.
CarGurus, a leading online automotive marketplace, faces growth challenges due to market normalization, intense competition, and reliance on SEO for traffic.
CarGurus unexpectedly delayed reporting its second-quarter earnings on Thursday, sending the vehicle listing company's stock plunging after it issued a statement that offered few details behind ...
CarGurus’ board approved an additional $150 million share repurchase authorization, increasing the 2025 total to $350 million and extending it through July 2026.
The online marketplace for cars is helping its employees adopt and explore new tech with AI Forward, a working group designed to lead AI adoption.
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 7, 2025.
CarGurus' report reveals rising consumer satisfaction and online research usage in vehicle buying and selling trends for 2024.
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