CarGurus (CARG) Misses Q4 EPS by 2c; Guides Below Views

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CarGurus Announces Fourth Quarter 2019 and Full-Year 2019 Results

February 13, 2020 4:06 PM EST

Fourth Quarter Highlights:

Total revenue of $158.2 million, an increase of 25% year-over-yearGAAP operating income of $13.6 million; non-GAAP operating income of $23.1 millionGAAP net income of $13.2 million; non-GAAP net income of $19.3 millionAdjusted EBITDA of $25.1 million

Full-Year 2019 Highlights:

Total revenue of $588.9 million, an increase of 30% year-over-yearGAAP operating income of $34.3 million; non-GAAP operating income of $69.8 millionGAAP net income of $42.1 million; non-GAAP net income of $59.3 millionAdjusted EBITDA of $77.0... More