Cargurus announces first quarter 2023 results

First quarter highlights: total revenue of $232.0 million gaap operating income of $14.1 million; non-gaap operating income of $36.6 million gaap consolidated net income of $11.9 million; non-gaap consolidated net income of $29.0 million gaap net income attributable to common stockholders of $16.1 million; non-gaap net income attributable to common stockholders of $30.3 million cash and cash equivalents of $456.7 million and an available $399.3 million under its revolving credit facility consolidated adjusted ebitda, a non-gaap metric, of $40.8 million; adjusted ebitda, a non-gaap metric, of $41.5 million cambridge, mass., may 09, 2023 (globe newswire) -- cargurus, inc. (nasdaq: carg), a multinational, online automotive platform for buying and selling vehicles, today announced financial results for the first quarter ended march 31, 2023.
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