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TrueCar(TRUE) - 2024 Q1 - Earnings Call Presentation
2024-04-30 14:46
SU PPLE M E NT A L M A T E RIA LS First Quarter 2024 Quarter Ended March 31, 2024 S UP P L EM ENTAL M ATERI AL S ...
TrueCar (TRUE) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-04-30 00:30
TrueCar (TRUE) reported $41.05 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 11%. EPS of -$0.04 for the same period compares to -$0.16 a year ago.The reported revenue represents a surprise of -0.37% over the Zacks Consensus Estimate of $41.21 million. With the consensus EPS estimate being -$0.04, the company has not delivered EPS surprise.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations ...
TrueCar (TRUE) Reports Q1 Loss, Lags Revenue Estimates
Zacks Investment Research· 2024-04-29 22:26
TrueCar (TRUE) came out with a quarterly loss of $0.04 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.16 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this provider of localized information on new car costs would post a loss of $0.03 per share when it actually produced break-even earnings, delivering a surprise of 100%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Tru ...
TrueCar(TRUE) - 2024 Q1 - Quarterly Results
2024-04-29 20:14
Q1 2024 Stockholder Letter True Cor To Our Fellow Stockholders n Q1, we continued to deliver. We delivered double-digit revenue growth year over year (YoY), significantly reduced our net loss, and achieved positive adjusted EBITDA'. Q1 revenue grew 11% YoY driven by growth in our core dealer business and the continued strength of OEM incentive revenue. Meanwhile, our net loss decreased to $5.8M from $19.6M in Q1 2023 and we achieved adjusted EBITDA profitability of $0.9M, a $12.3M improvement YoY. Moreover, ...
TrueCar Releases First Quarter 2024 Financial Results and Stockholder Letter
Prnewswire· 2024-04-29 20:05
Live call and webcast will occur on April 30 at 9:00 a.m. ET SANTA MONICA, Calif., April 29, 2024 /PRNewswire/ -- TrueCar, Inc., (NASDAQ: TRUE) today announced financial results for the first quarter ended March 31, 2024 in a stockholder letter, which is available HERE and on the TrueCar Investor Relations website at ir.truecar.com. The company will host a call to discuss its first quarter results on Tuesday, April 30 at 9:00 a.m. ET/6:00 a.m. PT. A live webcast of the call will be available through TrueCar ...
TrueCar to Announce First Quarter 2024 Financial Results in Stockholder Letter on April 29
Prnewswire· 2024-04-16 13:00
Live call and webcast will occur on April 30 at 9:00 a.m. ET SANTA MONICA, Calif., April 16, 2024 /PRNewswire/ -- TrueCar, Inc., (NASDAQ: TRUE) will report financial results for the first quarter ended March 31, 2024 on Monday, April 29, 2024 after market close, in a stockholder letter that will be accessible from the company's Investor Relations website at ir.truecar.com. Jantoon Reigersman, President and Chief Executive Officer, and Oliver Foley, Chief Financial Officer, will host a call on Tuesday April ...
Diego Rodriguez Nominated to Stand for Election to TrueCar's Board of Directors at May 23, 2024 Annual Meeting
Prnewswire· 2024-04-08 21:55
SANTA MONICA, Calif., April 8, 2024 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, today announced that Diego Rodriguez has been nominated to stand for election to its Board of Directors at the company's May 23, 2024 Annual Meeting of Stockholders. Mr. Rodriguez would fill the vacancy created by Erin Lantz, who is retiring from service on the Board at the Annual Meeting. Diego Rodriguez "On behalf ...
TrueCar (TRUE) Reports Q4 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-02-22 20:01
TrueCar (TRUE) reported $41.29 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 12.6%. EPS of $0.00 for the same period compares to -$0.17 a year ago.The reported revenue represents a surprise of -0.51% over the Zacks Consensus Estimate of $41.5 million. With the consensus EPS estimate being -$0.03, the EPS surprise was +100.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...
TrueCar(TRUE) - 2023 Q4 - Annual Report
2024-02-21 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36449 TRUECAR, INC. (Exact name of registrant as specified in its charter) Delaware 04-3807511 (State or other jurisdiction of incorporation or organization)(I.R. ...
TrueCar(TRUE) - 2023 Q4 - Earnings Call Transcript
2024-02-21 15:11
TrueCar, Inc. (NASDAQ:TRUE) Q4 2023 Earnings Conference Call February 21, 2024 9:00 AM ET Company Participants Jantoon Reigersman - President and Chief Executive Officer Oliver Foley - Chief Financial Officer Conference Call Participants Chris Pierce - Needham Marvin Fong - BTIG Operator Good day and welcome to the TrueCar Fourth Quarter 2023 Results Financial Call. Please note this event is being recorded. I would now like to turn the conference over to Jantoon Reigersman, President and Chief Executive Off ...