CarGurus Inc at JPMorgan Global Technology, Media and Communications Conference Transcript

May 23, 2023

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May 22, 2023 / 07:10PM GMT
Rajat Gupta - JPMorgan Chase & Co, Research Division - Research Analyst

Great. Thanks, everyone, for joining. My name is Rajat Gupta. I'm a member of the JPMorgan automotive equity research team. Very pleased to have with us CEO, Jason Trevisan from CarGurus; and also Kirndeep Singh, Vice President and head of Investor Relations.

Questions and Answers:

Rajat Gupta - JPMorgan Chase & Co, Research Division - Research Analyst

I guess we're going to start with Q&A, just go right into it. Maybe Jason, maybe to Kirn, just a more broader macro high-level question. Could you just give us a sense of latest trends you're seeing from a consumer demand perspective? Maybe in the second quarter since you reported earnings? Maybe in early April and into May? Any pockets of weakness or any noticeable trends in your used vehicles or perhaps geographical differences that you're seeing in terms of search metrics or traffic trends?

Jason M. Trevisan - CarGurus, Inc. - CEO, Treasurer & Director

Sure. Hello, everyone.

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