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Cars.com sees Q1 revenue $178M-$181M, consensus $184.94M

First quarter revenue is expected to be between $178 million and $181 million, relatively consistent with revenue in the prior year period. Dealer revenue reflects the fourth quarter exit rate for the Company’s subscription products, which was negatively impacted by pressure on dealer spending at year end. OEM and National revenue is expected to continue growing year-over-year, supporting increased marketing and advertising activity by automakers as they compete for consumer demand amidst rising vehicle inventory levels.

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