CarGurus, Inc. (NASDAQ:CARG) Q1 2022 Earnings Conference Call May 9, 2022 5:00 PM ET
Company Participants
Kirndeep Singh - Vice President, Investor Relations
Jason Trevisan - Chief Executive Officer
Scot Fredo - Chief Financial Officer
Sam Zales - President and Chief Operating Officer
Bruce Thompson - Founder and Chief Executive Officer, CarOffer
Conference Call Participants
John Colantuoni - Jefferies
Chris Pierce - Needham
Tom White - D.A. Davidson.
Brad Erickson - RBC Capital Markets
Jed Kelly - Oppenheimer
Naved Khan - Truist
Marvin Fong - BTIG
Doug Arthur - Huber Research
Alex Potter - Piper Sandler
Operator
Greetings, and welcome to the CarGurus Inc. First Quarter 2022 Earnings Results Conference Call. At this time, all participants are in a listen-only mode. [Operator Instructions] As a reminder, this conference is being recorded.
And I would now like to turn the conference over to your host, Kirndeep Singh, Vice President of Investor Relations. Please go ahead.
Kirndeep Singh
Thank you, operator. Good afternoon. I'm delighted to welcome you to CarGurus' first quarter 2022 earnings call. We will be discussing the results announced in our press release issued today after the market closed and posted on our Investor Relations website.
With me on the call today are Jason Trevisan, Chief Executive Officer; Scot Fredo, Chief Financial Officer; Sam Zales, President and Chief Operating Officer; and Bruce Thompson, Founder and Chief Executive Officer of CarOffer.
During the call, we will make statements regarding our business that may be considered forward-looking within applicable securities laws, including statements concerning our outlook for the second quarter of 2022. Management's expectations for our future financial and operational performance, our business and growth strategies, our expectations for our CarOffer business and acquisition synergies, the value proposition of our current product offerings and other product opportunities, the impact of the semiconductor chip shortage and other macro-level industry issues and other statements regarding our plans, prospects and expectations.
These statements are not promises or guarantees and are subject and uncertainties, which could cause them to differ materially from actual results. Information concerning those risks is available in our earnings press release distributed after market close today and in our most recent reports on Forms 10-K and 10-Q, which along with our other SEC filings can be found on the SEC's website and in the Investor Relations section of our website. We undertake no obligation to update forward-looking statements, except as required by law.