Cars.com's GAAP net income for 3 months of 2022 was $4.34 million, down 17.8% from $5.278 million in the previous year. Revenue increased 3.2% to $158.207 million from $153.295 million a year earlier.

Cars.com's GAAP net income for 2021 was $7.719 million, compared to a loss of $817.12 million in the previous year. Revenue increased 13.9% to $623.683 million from $547.503 million a year earlier.

Cars.com has completed its acquisition of fintech platform CreditIQ. It helps analyze and approve loans for online car purchases. The deal is worth $30 million. The company may pay an additional $50 million for CreditIQ over the next three years.

Cars.com's GAAP net income for 9M 2021 was $13.675 million, against a loss of $824.339 million in the previous year. Revenue increased 18% to $465.378 million from $394.495 million a year earlier.