TrueCar (TRUE) Tops Q1 EPS by 6c; Withdraws Guidance

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Go back to TrueCar (TRUE) Tops Q1 EPS by 6c; Withdraws Guidance

TrueCar Reports First Quarter 2020 Financial Results

May 7, 2020 4:03 PM EDT

SANTA MONICA, Calif., May 07, 2020 (GLOBE NEWSWIRE) -- TrueCar, Inc. (NASDAQ: TRUE) today announced its financial results for the first quarter ended March 31, 2020.

First Quarter 2020 Financial Highlights

First quarter total revenue of $83.5 million, down (2.4)% from a year ago.First quarter net loss of $(10.7) million, or $(0.10) per share, compared to net loss of $(14.4) million, or $(0.14) per share, in the first quarter of 2019.First quarter Non-GAAP net income(1) of $4.2 million, or $0.04 per share, compared to Non-GAAP net loss of $(0.4), or $0.00 per share, in the first quarter of... More