CARS Q3 2023 Earnings — Cars.com Inc. Revenue & Financial Results | Market Cap Arena

CARSCars.com Inc.

$476M

Q3 2023 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$174M+5.9% YoY

Gross Profit

$143M82.2% margin

Operating Income

$14M8.2% margin

Net Income

$4M2.6% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

$35M

Free Cash Flow

$30M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$620M

Stockholders' Equity

$483M

Cash & Equivalents

$49M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$174M	$165M	+5.9%
Gross Profit	$143M	$136M	+5.5%
Operating Income	$14M	$20M	-28.0%
Net Income	$4M	-$3M	+252.7%

Revenue Segments

Subscription Advertising And Digital Solutions

$143M82%

Display Advertising

$27M15%

Other Major Product And Services

$3M1%

Pay Per Lead

$2M1%