TrueCar (TRUE) Posts Q2 GAAP Loss of 22c/Share

TrueCar (Nasdaq: TRUE) reported Q2 EPS of ($0.22), which may not compare with the analyst estimate of ($0.03). Revenue for the quarter came in at $50.5 million versus the consensus estimate of $45.52 million.

Adjusted EPS was $0.02 for Q214.

Guidance -

Third Quarter 2014

• Revenues are expected to be in the range of $51.0 million to $54.0 million.
• Adjusted EBITDA is expected to be in the range of $2.0 million to $3.0 million.

Full Year 2014

• Revenues are expected to be in the range of $197.0 million to $202.0 million.
• Adjusted EBITDA is expected to be in the range of $6.0 million to $8.0 million.

For earnings history and earnings-related data on TrueCar (TRUE) click here.

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