CarGurus, Inc. (NASDAQ:CARG) Q2 2023 Earnings Conference Call August 9, 2023 5:00 PM ET
Company Participants
Kirndeep Singh - VP and Head, Investment
Jason Trevisan - CEO
Sam Zales - President and COO
Conference Call Participants
Chris Pierce - Needham
Jed Kelly - Oppenheimer
Brad Erickson - RBC Capital Markets
Naved Khan - B. Riley Securities
John Colantuoni - Jefferies
Marvin Fong - BTIG
Ron Josey - Citi
Nick Jones - JMP Securities
Operator
Good day and welcome to the CarGurus' Second Quarter 2023 Earnings Conference Call. All lines participants will be in listen-only mode. [Operator Instructions] Please note, this event is being recorded.
I would now like to turn the conference over to Kirndeep Singh, Vice President and Head of Investor Relations. Please go ahead.
Kirndeep Singh
Thank you, operator. Good afternoon. I'm delighted to welcome you to CarGurus' second quarter 2023 earnings call. With me on the call today are Jason Trevisan, Chief Executive Officer; and Sam Zales, President and Chief Operating Officer.
During the call, we will be making forward-looking statements, which are based on our current expectations and beliefs. These statements are subject to risks and uncertainties, which could cause actual results to differ materially from those reflected in such statements.
Information concerning those risks and uncertainties is discussed in our SEC filings, which can be found on the SEC's website and in the Investor Relations section of our website. We undertake no obligation to update or revise forward-looking statements, except as required by law.
Further, during the course of our call today, we will refer to certain non-GAAP financial measures. A reconciliation of GAAP to comparable non-GAAP measures is included in our press release issued today as well as in our updated investor presentation, which can be found on the Investor Relations section of our website.
We believe that these non-GAAP financial measures provide useful information about our operating results, enhance the overall understanding of past financial performance and future prospects and allow for greater transparency as it relates to metrics used by our management in its financial and operational decision-making.
With that, I'll now turn the call over to Jason.
Jason Trevisan
Thank you, Kirndeep and thank you to all those joining us today. As many of you are aware, we delayed our originally planned earnings call in order to complete our normal quarterly close process for the quarter ended June 30th, 2023, and apologize for the last-minute change. We appreciate your understanding and flexibility and are excited to discuss the results announced in our press release issued today.