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Stock impact report

CarGurus outlines 12%–15% Q4 marketplace revenue growth as AI-powered products fuel adoption [Seeking Alpha]

CarGurus, Inc. - Class A (CARG) 
Last cargurus, inc. - class a earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.cargurus.com/investor-relations
Company Research Source: Seeking Alpha
Jason Trevisan, CEO, reported "double-digit year-over-year Marketplace revenue growth while also expanding profitability across our U.S. and international businesses." He highlighted that Marketplace revenue and adjusted EBITDA both finished above the midpoint of guidance, citing "focused investment to Quick Insights Marketplace revenue growth is driven by dealer upgrades, broader adoption of add-on products, like-for-like price increases, higher lead quantity and quality, and international expansion. CarGurus is launching AI-powered tools like PriceVantage and CG Discover, emphasizing AI's foundational role in product development, efficiency, and innovation, with increased engineering productivity and platform extensions into software and data products. Risks include changes in cookie consent regulations affecting reported traffic, ongoing CarOffer wind-down restructuring charges, and macro risks such as weak consumer sentiment, high interest rates, softening pricing, and ri Show less Read more
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