On August 9, Cars.com reported earnings for the first time as a listed entity. Revenue generated in Q2 of FY2017 was flat compared to the same quarter in FY2016, and revenue generated in H1 of FY2017 was also unchanged from H1 of FY2016, the company said.
Cars.com says goodbye to Tegna and is now a publicly listed company on the NYSE. The stock reached a high of $27.15 in trading just after opening, when it went public at $25.64,
CareerBuilder may soon be owned by a New York-based, publicly traded private equity firm. Reuters reports that an anticipated deal with Chicago-based GTCR LLC fell through, and CareerBuilder's owners are now in negotiations with Apollo Global Management, which is traded on the NYSE.
The drop was driven by lower than expected job site advertising and resume database revenue, offsetting gains from Tegna's Workterra and Aurico acquisitions.
The Cars.com spinoff from Tegna is scheduled for completion at the end of May, with a new board of directors including Cars.com CEO Alex Vetter and Scott Forbes, chairman of Rightmove in the U.K., as chairman. The company will pay Tegna a cash dividend of ...
Which classifieds site has the highest conversion rate? How do the users of Autotrader and Cargurus differ? What is the user journey like for someone who is buying a car? These are the questions we challenged Deren Baker, CEO of Jumpshot, to answer when he takes the stage in Miami at the Global Online Classifieds Summit on June 22.
Automotive classified firm TrueCar has announced a proposed public offering of common stock and a new trade-in platform with Galves Market Data
Cars.com has a new chief marketing officer: Brooke Skinner Rickets, who comes to the company from personal loan start-up Avant, where she was president of brand and design.
Former Cars.com CEO Mitch Golub invested in CarLabs, which develops conversational “bots” to guide users through car shopping.
One day after announcing CareerBuilder was making a “transformative move” into new products, the other shoe dropped. Actually, two shoes dropped.