Cars.com: Q3 Earnings Snapshot

CHICAGO (AP) _ Cars.com Inc. (CARS) on Thursday reported third-quarter net income of $2.4 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Chicago-based company said it had net income of 3 cents.

The online automotive marketplace posted revenue of $156.6 million in the period.

For the current quarter ending in December, Cars.com said it expects revenue in the range of $157.5 million to $159.5 million.

Cars.com shares have increased 18% since the beginning of the year. The stock has risen 62% in the last 12 months.