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CarGurus Announces Second Quarter 2025 Results & Shares Plans to Wind Down CarOffer Transactions Business

Sustained strong momentum in the Marketplace business, with revenue up 14% YoY

Is there any indication that the CarOffer wind‑down could lead to further strategic pivots or acquisitions in the automotive marketplace sector? Will the company provide revised guidance for FY2025, and how should that be incorporated into valuation models? How might the wind‑down affect existing partnerships and the overall user experience on the platform?
Earnings
about 1 month ago
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