CarGurus Inc (NAS:CARG)
$ 31.45 -0.14 (-0.44%) Market Cap: 3.25 Bil Enterprise Value: 3.24 Bil PE Ratio: 0 PB Ratio: 7.16 GF Score: 87/100

CarGurus Inc at Citi Global Technology Conference Transcript

Sep 04, 2019 / 05:25PM GMT
Release Date Price: $32.45 (+1.98%)
Kevin J. Toomey
Citigroup Inc, Research Division - Senior Associate

All right. Good afternoon, everyone, and welcome to Citi's Global Tech Conference. My name is Kevin Toomey. I'm Citi's internet sector specialist, and I'd like to welcome CarGurus' CFO, Jason Trevisan, to the stage with me. I'll start off with some Q&A and pause every now and then to see if there are any questions from the audience.

Jason, thanks for joining us today.

Jason M. Trevisan
CarGurus, Inc. - CFO & Treasurer

Thank you.

Questions & Answers

Kevin J. Toomey
Citigroup Inc, Research Division - Senior Associate

So just big picture to start. There's a growing number of online auto players, including Carvana, Turo and others, addressing various parts of the ecosystem. Can you give us a brief overview of your business and how you fit into the auto retail ecosystem?

Jason M. Trevisan
CarGurus, Inc. - CFO & Treasurer

Sure. We are the world's largest online automotive

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