UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ 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.S. Employer ...

TrueCar, Inc. (NASDAQ:TRUE) Q1 2024 Earnings Call Transcript April 30, 2024 9:00 AM ET Company Participants Jantoon Reigersman - President and CEO Oliver Foley - CFO Conference Call Participants Rajat Gupta - JPMorgan Naved Khan - B. Riley Securities Chris Pierce - Needham & Co. Martin Fong - BTIG Operator Good day and welcome to the TrueCar First Quarter 2024 Financial Results Conference Call. Please note this event is being recorded. I would now like to turn the conference over to Jantoon Reigersman, Pres ...

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) 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) 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 ...

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, ...

Earnings Call and Webcast Details - The company will host a live call and webcast on April 30, 2024, at 9:00 a.m. ET to discuss its first quarter 2024 financial results [1] - The live webcast will be accessible through the company's Investor Relations website [1] - An archived version of the call will be available on the Investor Relations website after the event [1] Investor Relations Communication - The company uses its Investor Relations website, LinkedIn, Facebook, and X to disclose material non-public information and comply with Regulation FD [2] Company Overview - TrueCar is a leading automotive digital marketplace connecting auto buyers and sellers with a nationwide network of Certified Dealers [3] - The company provides consumers with vehicle discovery tools, price ratings, and market context for new, used, and Certified Pre-Owned vehicles [3] - TrueCar powers auto-buying programs for over 250 leading brands, including AARP, Sam's Club, Navy Federal Credit Union, and American Express [3] Investor Relations Contact - The company's Investor Relations contact email is provided for further inquiries [4]

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 ...

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) 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 ...