CARS Q1 2023 Earnings — Cars.com Inc. Revenue & Financial Results | Market Cap Arena

CARSCars.com Inc.

$476M

Q1 2023 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$167M+5.6% YoY

Gross Profit

$137M82.2% margin

Operating Income

$13M7.5% margin

Net Income

$11M6.9% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

-0.7%

Cash Flow

Operating Cash Flow

$28M

Free Cash Flow

$23M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$617M

Stockholders' Equity

$385M

Cash & Equivalents

$19M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$167M	$158M	+5.6%
Gross Profit	$137M	$130M	+5.2%
Operating Income	$13M	$11M	+14.5%
Net Income	$11M	$4M	+164.5%

Revenue Segments

Subscription Advertising And Digital Solutions

$137M82%

Display Advertising

$24M14%

Other Major Product And Services

$4M2%

Pay Per Lead

$2M1%