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TrueCar: Q1 Earnings Snapshot

By Ap News - Apr 29, 2024, 04:29 PM ET
Last Updated - May 27, 2024, 01:05 AM EDT
TrueCar: Q1 Earnings Snapshot

SANTA MONICA, Calif. (AP) — SANTA MONICA, Calif. (AP) — TrueCar Inc. (TRUE) on Monday reported a loss of $5.8 million in its first quarter.

On a per-share basis, the Santa Monica, California-based company said it had a loss of 6 cents. Losses, adjusted for stock option expense, were 4 cents per share.

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The provider of localized information on new car costs posted revenue of $41.1 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 Zacks stock report on TRUE at https://www.zacks.com/ap/TRUE

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