Cars.com Clocks 3 Percent Revenue Growth in Q4; Plans $200 Million Buyback

Headquarter of the American automotive classified website company Cars.com in Chicago in June 2021. Google Maps/Screenshot via The Epoch Times

Automotive marketplace platform Cars.com Inc. reported fourth-quarter FY21 revenue growth of 3 percent year-on-year to $158.30 million, marginally missing the consensus of $158.37 million.

Average Monthly Unique Visitors improved 6 percent Y/Y to 23.6 million. Traffic (Visits) of 134.0 million dropped 3 percent Y/Y.