TrueCar (TRUE) Misses Q4 EPS by 2c, Guidance Misses

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Go back to TrueCar (TRUE) Misses Q4 EPS by 2c, Guidance Misses

TrueCar Reports Fourth Quarter and Full Year 2018 Financial Results

February 14, 2019 4:03 PM EST

Fourth quarter total revenue up 10% from a year ago to $91.1 million; FY 2018 total revenue up 9% from FY 2017 to $353.6 million.Fourth quarter net loss of $(6.4) million, or $(0.06) per basic and diluted share, compared to net loss of $(8.5) million, or $(0.08) per basic and diluted share, in the fourth quarter of 2017; FY 2018 net loss of $(28.3) million, or $(0.28) per basic and diluted share, compared to net loss of $(32.8) million, or $(0.35) per basic and diluted share, in FY 2017.Fourth quarter Non-GAAP net income(1) of $2.7 million, or $0.03 per basic and diluted share, compared to Non-GAAP net income of $4.9 million, or... More