TrueCar (TRUE) Tops Q1 EPS by 1c

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TrueCar Reports First Quarter 2019 Financial Results

May 9, 2019 4:05 PM EDT

First quarter total revenue up 6% from a year ago to $85.6 million.First quarter net loss of $(14.4) million, or $(0.14) per share, compared to net loss of $(9.1) million, or $(0.09) per share, in the first quarter of 2018.First quarter Non-GAAP net loss(1) of $(0.4) million, or $0.00 per share, compared to Non-GAAP net income of $0.8 million, or $0.01 per share, in the first quarter of 2018.First quarter Adjusted EBITDA(2) of $5.1 million, representing an Adjusted EBITDA margin(3) of 5.9%, compared to Adjusted EBITDA of $6.0 million, representing an Adjusted EBITDA margin of 7.4%, in the first quarter of... More