CARS Q2 2023 Earnings — Cars.com Inc. Revenue & Financial Results | Market Cap Arena

CARSCars.com Inc.

$476M

Q2 2023 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$168M+3.3% YoY

Gross Profit

$138M81.9% margin

Operating Income

$12M7.3% margin

Net Income

$94M56.0% margin

EPS (Diluted)

$1.37

QoQ Revenue Growth

+0.7%

Cash Flow

Operating Cash Flow

$28M

Free Cash Flow

$23M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$608M

Stockholders' Equity

$477M

Cash & Equivalents

$29M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$168M	$163M	+3.3%
Gross Profit	$138M	$133M	+3.3%
Operating Income	$12M	$15M	-19.8%
Net Income	$94M	$6M	+1597.5%

Revenue Segments

Subscription Advertising And Digital Solutions

$140M83%

Display Advertising

$24M14%

Other Major Product And Services

$2M1%

Pay Per Lead

$2M1%