May 23, 2018

Cars.com Lists More Used Cars

By Staff Writer May 09, 2018

Cars.com Inc. reported total revenue of $160 million in the first quarter, up $6.8 million year-over-year.


Net income was $0.9 million.


The company reported net cash provided by operating activities of $26.7 million and free cash flow of $24.1 million.


Cars.com saw 19.4 million average monthly unique visitors, up 9 percent year-over-year.


Traffic was 113.4 million, up 7 percent year-over-year. Mobile traffic grew 22 percent year-over-year and accounted for 65 percent of total traffic compared to 57 percent in the first quarter of 2017 Dealer customer count of 20,474 was down from 21,296 as of Dec. 31.


Average vehicle listings of 4.9 million were down from 5 million. Used vehicle listings grew 6 percent, while new vehicle listings declined 6 percent.

Last modified on Wednesday, 09 May 2018 23:55