CHICAGO (AP) — CHICAGO (AP) — Cars.com Inc. (CARS) on Thursday reported net income of $7.4 million in its fourth quarter.
The Chicago-based company said it had profit of 12 cents per share. Earnings, adjusted for one-time gains and costs, were 44 cents per share.
The online automotive marketplace posted revenue of $183.9 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $183.3 million.
For the year, the company reported profit of $20.1 million, or 32 cents per share. Revenue was reported as $723.2 million.
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