TrueCar (TRUE) Tops Q2 EPS by 11c

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Go back to TrueCar (TRUE) Tops Q2 EPS by 11c

TrueCar Reports Second Quarter 2020 Financial Results

August 6, 2020 4:04 PM EDT

SANTA MONICA, Calif., Aug. 06, 2020 (GLOBE NEWSWIRE) -- TrueCar, Inc. (NASDAQ: TRUE) today announced its financial results for the second quarter ended June 30, 2020.

Second Quarter 2020 Financial Highlights

Second quarter total revenue of $62.7 million, down (28.8)% from a year ago.Second quarter net loss of $(11.2) million, or $(0.10) per share, compared to net loss of $(24.1) million, or $(0.23) per share, in the second quarter of 2019.Second quarter Non-GAAP net income(1) of $4.4 million, or $0.04 per share, compared to Non-GAAP net loss of $(2.2) million, or $(0.02) per share, in the second... More