CHICAGO (AP) __ CHICAGO (AP) __ Cars.com Inc. (CARS) on Thursday reported third- quarter net income of $4.5 million, after reporting a loss in the same period a year earlier.
The Chicago-based company said it had net income of 7 cents per share.
The online automotive marketplace posted revenue of $174.3 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $173 million.
Cars.com shares have risen slightly more than 9% since the beginning of the year. The stock has climbed almost 9% in the last 12 months.
