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TrueCar: Q2 Earnings Snapshot

By AP News - Jul 31, 2023, 07:27 PM ET
Last Updated - Jul 31, 2023, 07:27 PM EDT
TrueCar: Q2 Earnings Snapshot

SANTA MONICA, Calif. (AP) — SANTA MONICA, Calif. (AP) — TrueCar Inc. (TRUE) on Monday reported a loss of $20.4 million in its second quarter.

The Santa Monica, California-based company said it had a loss of 23 cents per share. Losses, adjusted for restructuring costs and stock option expense, were 12 cents per share.

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The provider of localized information on new car costs posted revenue of $39.3 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a TRUE">Zacks stock report on TRUE at https://www.zacks.com/ap/TRUE

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