Cargurus announces second quarter 2025 results & shares plans to wind down caroffer transactions business

Sustained strong momentum in the marketplace business, with revenue up 14% yoy q2'25 net income of $22.3 million; non-gaap adjusted ebitda of $77.3 million, up 39% yoy board approves additional $150 million share repurchase, increasing 2025 authorization to $350 million and extending it through july 2026 boston, aug. 07, 2025 (globe newswire) -- cargurus, inc. (nasdaq: carg), the no. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles*, today announced financial results for the second quarter ended june 30, 2025, and its plan to wind down the caroffer transactions business.
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