CarGurus Delays Earnings Release And Conference Call Will Announce The Date Of The Rescheduled Earnings Release And Conference Call In A Subsequent Press Release
Portfolio Pulse from Happy Mohamed
CarGurus, Inc. (NASDAQ:CARG) has announced a delay in its Q2 2023 earnings release and conference call, originally scheduled for August 3, 2023. The company has not completed its customary quarterly closing and review procedures for the period ending June 30, 2023. The new date for the earnings release and conference call will be announced in a subsequent press release.
August 04, 2023 | 2:43 pm
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CarGurus' delay in releasing its Q2 2023 earnings report and conference call may cause uncertainty among investors, potentially impacting the company's stock price in the short term.
Earnings reports provide investors with a snapshot of a company's financial health. Delays in releasing these reports can cause uncertainty among investors, as they may speculate on the reasons for the delay. This uncertainty can lead to volatility in the company's stock price.
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