TrueCar (TRUE) Tops Q4 EPS by 4c, Offers Q1 Rev. Guidance

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TrueCar Reports Fourth Quarter and Full Year 2016 Financial Results

February 16, 2017 4:05 PM EST

Fourth quarter total revenue up 17% from a year ago to $74.1 million; FY 2016 total revenue up 7% from FY 2015 to $277.5 million.Fourth quarter net loss of $(8.0) million, or $(0.09) per share, compared to net loss of $(27.4) million, or $(0.33) per share in the fourth quarter of 2015; FY 2016 net loss of $(41.7) million, or $(0.49) per share, compared to net loss of $(64.9) million, or $(0.79) per share, in FY 2015.Fourth quarter Non-GAAP net loss(1) of $(0.5) million, or $(0.01) per share, compared to Non-GAAP net loss of $(5.2) million, or $(0.06) per share, in the fourth quarter of 2015; FY 2016 Non-GAAP net loss of $(11.1) million, or $(0.13)... More