TrueCar (TRUE) Tops Q1 EPS by 1c, Offers Q2 and FY Guidance

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Go back to TrueCar (TRUE) Tops Q1 EPS by 1c, Offers Q2 and FY Guidance

TrueCar Reports First Quarter 2017 Financial Results

May 9, 2017 4:04 PM EDT

First quarter total revenue up 22% from a year ago to $75.8 million.First quarter net loss of $(6.8) million, or $(0.08) per share, compared to net loss of $(11.7) million, or $(0.14) per share, in the first quarter of 2016.First quarter Non-GAAP net loss(1) of $(0.7) million, or $(0.01) per share, compared to Non-GAAP net loss of $(5.5) million, or $(0.07) per share, in the first quarter of 2016.First quarter Adjusted EBITDA(2) of $6.1 million, representing an Adjusted EBITDA margin of 8.0%, compared to Adjusted EBITDA of $1.1 million, representing an Adjusted EBITDA margin of 1.7%, in the first quarter of 2016.Units(3) were 217,656 in the first quarter... More