Cars reports fourth quarter and full year 2021 results

Chicago, feb. 24, 2022 /prnewswire/ -- cars.com inc. (nyse: cars) ("cars" or the "company"), a leading automotive marketplace platform that provides a robust set of digital solutions, today released its financial results for the fourth quarter and year ended december 31, 2021. q4 2021 financial and key metric highlights revenue of $158.3 million, up $5.3 million, or 3% year-over-year net loss of $6.0 million, or ($0.09) per diluted share, compared to net income of $7.2 million, or $0.10 per diluted share, in the prior year adjusted ebitda of $46.8 million, or 30% of revenue, down $1.7 million, year-over-year average monthly unique visitors ("uvs") of 23.6 million, up 6% year-over-year traffic (visits) of 134.0 million, down 3% year-over-year monthly average revenue per dealer ("arpd") of $2,333, up 3% from $2,264 in the prior year period dealer customers of 19,179 as of december 31, 2021, up 150 compared to 19,029 as of september 30, 2021 2021 full year financial and key metric highlights revenue of $623.7 million, up $76.2 million, or 14% year-over-year.
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