CHICAGO (AP) — CHICAGO (AP) — Cars.com Inc. (CARS) on Thursday reported first-quarter earnings of $11.5 million.
The Chicago-based company said it had profit of 17 cents per share.
The online automotive marketplace posted revenue of $167.1 million in the period.
For the current quarter ending in June, Cars.com said it expects revenue in the range of $168 million to $170 million.
Cars.com shares have risen 41% since the beginning of the year. The stock has risen 72% in the last 12 months.
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