TrueCar (TRUE) Tops Q2 EPS by 1c
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TrueCar Reports Second Quarter 2017 Financial Results
August 8, 2017 4:05 PM EDTSecond quarter total revenue up 23% from a year ago to $81.8 million.Second quarter net loss of $(8.1) million, or $(0.09) per share, compared to net loss of $(14.7) million, or $(0.17) per share, in the second quarter of 2016.Second quarter Non-GAAP net income(1)Â of $1.1 million, or $0.01 per share, compared to Non-GAAP net loss of $(4.1) million, or $(0.05) per share, in the second quarter of 2016.Second quarter Adjusted EBITDA(2)Â of $7.4 million, representing an Adjusted EBITDA margin(3) of 9.0%, compared to Adjusted EBITDA of $2.4 million, representing an Adjusted EBITDA margin of 3.7%, in the second quarter of 2016.Units(4)Â were 242,130 in the... More
