TrueCar Reports Third Quarter 2015 Financial Results

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Go back to TrueCar Reports Third Quarter 2015 Financial Results

Cowen Nudges Target, Estimates on TrueCar (TRUE) Higher Following Q3 Results, Outlook

November 6, 2015 11:31 AM EST

Cowen and Company moves its price target on Market Perform-rated TrueCar (NYSE: TRUE) from $6 to $7 following Q3 results and updated outlook.

Analyst John Blackledge commented, TRUE reported better-than-expected 3Q results, as revenue beat our/Street estimates by 11%/9%, while EBITDA of $2.3MM... More

TrueCar (TRUE) Tops Q3 EPS by 2c, Revenue Beats

November 5, 2015 5:02 PM EST

TrueCar (NASDAQ: TRUE) reported Q3 EPS of ($0.03), $0.02 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $72.4 million versus the consensus estimate of $66.02 million.

TrueCar sees Q4 2015 revenue of $64-65.5 million, versus the consensus of $64.24 million.

Adjusted... More