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

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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