Financial PerformanceCarGurus, Inc. delivered solid 2Q results, beating consensus estimates on both the top and bottom lines.
Marketplace GrowthCARG's marketplace business continues to impress, delivering three consecutive quarters of double-digit growth and achieving its largest quarterly revenue increase since 2021.
Product InnovationCARG's product development in recent years, involving blending of retail and wholesale proficiencies, is resulting in a differentiated product lineup that is interjecting CARG deeper into dealers’ workflows.