TrueCar (NASDAQ: TRUE) reported Q4 EPS of $0.00, $0.01 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $55.5 million versus the consensus estimate of $55.5 million.

TrueCar sees Q1 2015 revenue of $59 million, versus the consensus of $58.9 million.

TrueCar sees FY2015 revenue of $280-290 million, versus the consensus of $280.6 million.

"TrueCar had an amazing 2014, delivering record growth across all of our key performance indicators," said Scott Painter, Founder and Chief Executive Officer of TrueCar. "Total revenue growth of 54% came in well ahead of our expectations at the time of our IPO and we delivered strong improvements across all of our profitability metrics. We also achieved a major milestone for the Company, in achieving cash flow positive operating results for both the fourth quarter and full year."

Mr. Painter continued, "TrueCar continues to attract both consumers and dealers in record numbers, driving strong network effects and significant operating leverage. Users on our platform accounted for 611,000 units across the TrueCar Certified Dealer network in 2014. The real story, however, is the growth in our branded TrueCar channel where units grew by 125% in 2014 to 235,000 cars and now accounts for approximately 40% of total unit sales. We ended 2014 with 8,501 new car franchise dealers, which is more than 1 out of every 4 dealers in the country and represents growth of nearly 30% over last year. Nevertheless, we remain a nascent national brand at the upslope of consumer adoption with currently just under 4% share of the total new car market in the U.S."

Mr. Painter concluded, "Looking ahead to 2015, we're expecting another year of very strong revenue growth. Leverage in the business will continue to expand, and we'll continue to prioritize reinvestments focused on scaling TrueCar for the long-term. Brand awareness, mobile applications and the OEM channel will continue to be the focus of our investments."

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