TrueCar Reports Second Quarter 2019 Financial Results

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TrueCar (TRUE) Misses Q2 EPS by 2c, Revenues Miss; Offers FY19 Revenue Guidance Below Consensus

August 8, 2019 4:33 PM EDT

TrueCar (NASDAQ: TRUE) reported Q2 EPS of ($0.02), $0.02 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $88.1 million versus the consensus estimate of $89.21 million.

Second quarter total revenue relatively flat from a year ago at $88.1 million.Second quarter net loss of $(24.1) million, or $(0.23) per share, compared to net loss of $(6.6)... More