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Stock impact report

Cars.com reaffirms 2025 low single-digit revenue growth outlook amid record dealer momentum and AI innovation [Seeking Alpha]

Cars.com Inc. (CARS) 
Last cars.com inc. earnings: 2/26 07:30 am Check Earnings Report
US:NYSE Investor Relations: investor.cars.com/overview/default.aspx
Company Research Source: Seeking Alpha
Alex Vetter, CEO, highlighted record revenue and strong customer and product momentum in the third quarter, stating, "Revenue of $182 million reflected continued contribution from websites, trade and appraisal solutions and marketplace." Dealer count increased for the Quick Insights Growth was driven by product repackaging, dealer count increase, cost controls, and performance of websites and marketplace segments. Cars.com launched AI features like Carson and new dealer tools, resulting in higher lead generation, user engagement, and dealer adoption rates. Risks include declining OEM revenue, macroeconomic headwinds, competitive pressures, and variable media spending by OEMs. Recommended For You More Trending News Show less Read more
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