CarGurus Inc (NAS:CARG)
$ 24.49 0.44 (1.83%) Market Cap: 2.55 Bil Enterprise Value: 2.45 Bil PE Ratio: 85.89 PB Ratio: 4.45 GF Score: 89/100

CarGurus Inc CarOffer Transaction Investor Conference Call Transcript

Dec 10, 2020 / 01:30PM GMT
Release Date Price: $26.86 (+10.53%)
Operator

Greetings, and welcome to the CarGurus, Inc. Conference Call. (Operator Instructions)

As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Scot Fredo, Senior Vice President of Financial Planning and Investor Relations. Thank you. You may begin.

Scot Fredo
CarGurus, Inc. - SVP of Financial Planning & Analysis

Thank you, operator. Good morning, everyone, and welcome to CarGurus Investor update call. We'll be discussing CarGurus entering into an agreement to acquire a majority stake in CarOffer, as announced in our press release this morning before market opened and included in the deal announcement presentation posted on our Investor Relations website earlier today.

With me on the call today are Langley Steinert, CarGuru's Founder and Chief Executive Officer; Jason Trevisan, Chief Financial Officer and President, International; and Sam Zales, President and Chief Operating Officer.

During the call, we will make statements regarding our business that may be considered forward

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