CarGurus (CARG) Q2 EPS Jumps 46%

CarGurus (CARG -1.26%), a leading online automotive marketplace, reported its results for the second quarter of fiscal 2025 on August 7, 2025. The company posted GAAP revenue of $234.0 million in Q2 2025, slightly above analyst GAAP estimates of $232.7 million, and delivered non-GAAP earnings per share of $0.57, outpacing expectations. The quarter also included a pivotal announcement: CarGurus plans to wind down its CarOffer transactions business following continued underperformance, redirecting focus on it ...