CHICAGO (AP) _ Cars.com Inc. (CARS) on Thursday reported fourth-quarter net income of $7.2 million, after reporting a loss in the same period a year earlier.
The Chicago-based company said it had profit of 10 cents per share. Earnings, adjusted for non-recurring gains, came to 9 cents per share.
The online automotive marketplace posted revenue of $153 million in the period.
For the year, the company reported that its loss widened to $817.1 million, or $12.15 per share. Revenue was reported as $547.5 million.
Cars.com shares have climbed 27% since the beginning of the year. The stock has risen 19% in the last 12 months.
