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Cars.com Inc.
11/7/2024
Good morning, ladies and gentlemen, and welcome to the CARS third quarter 2024 conference call. At this time, all lines are in a listen-only mode. Following the presentation, we will conduct a question and answer session. If at any time during this call you require immediate assistance, please press star zero for the operator. I will now turn the call over to Katherine Shen, Vice President of IR.
Please go ahead. Good morning, everyone, and thank you for joining us. Good morning, everyone, and thank you for joining us. Good morning, everyone, and thank you for joining us. Good morning, everyone, and thank you for joining us.
Welcome to the CARS.com, Inc. Third Quarter 2024 Conference Call. With me this morning are Alex Sutter, CEO, and Sonia James, CFO. Alex will start by discussing the business highlights for my third quarter. Then, Sonia will discuss our financial results in greater detail, along with our outlook. We'll finish the call with Q&A. Before I turn the call over to Alex, I'd like to draw your attention to our forward-looking statements and the description and definition of non-GAAP financial measures, which can be found in our presentation. We will be discussing certain non-GAAP financial measures today, including adjusted EBITDA, adjusted EBITDA margins, adjusted operating expenses, adjusted net income, and free cash flow. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measures can be found in the financial tables included with our earnings press release and in the appendix of our presentation. Any forward-looking statements are subject to risks and uncertainties. For more information, please refer to the risk factors included in our SEC filings, including those in our most recently filed 10-K, which is available on the IR section of our website. We assume no obligation to update any forward-looking statements. Now, I'll turn the call over to Alex.
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