TrueCar Reports Record First Quarter 2015 Financial Results

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RBC Capital Markets Reit OP; TrueCar (TRUE) Reaffirms Guidance

May 8, 2015 10:31 AM EDT

RBC Capital Markets reiterates their Outperform rating on TrueCar, Inc. (TRUE), and maintains their price target at $23, following largely in-line Q1 results. TRUE reported a revenue of $58.6MM, which is up 33% Y/Y, and came in essentially in line with RBC estimates.Gross Margin came in a bit light... More

TrueCar (TRUE) Reports In-Line Q1 EPS, Q2, FY Guidance About In-Line

May 7, 2015 4:29 PM EDT

TrueCar (NASDAQ: TRUE) reported Q1 EPS of $0.00, in-line with the analyst estimate of $0.00. Revenue for the quarter came in at $58.6 million versus the consensus estimate of $58.76 million.

TrueCar sees Q2 2015 revenue of $67-69 million, versus the consensus of $68.62... More