TrueCar Reports Fourth Quarter and Full Year 2020 Financial Results

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TrueCar (TRUE) Tops Q4 EPS by 3c, Revenues Beat; Offers 1Q Revenue Guidance Above Consensus

February 24, 2021 4:39 PM EST

TrueCar (NASDAQ: TRUE) reported Q4 EPS of ($0.01), $0.03 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $64 million versus the consensus estimate of $58.49 million.

The following financial results reflect continuing operations only:

Fourth quarter total revenue of $64.0 million, down (25)% from $84.9 million in the fourth quarter of 2019.Fourth quarter loss from continuing operations of $(7.7) million, or $(0.07) per basic and diluted share, compared to loss from continuing operations of... More