TrueCar (TRUE) Tops Q2 EPS by 5c
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TrueCar Reports Second Quarter 2016 Financial Results
August 4, 2016 4:08 PM EDTSecond quarter total revenue up 2% from a year ago to $66.4 million.Second quarter net loss of $(14.7) million, or $(0.17) per share, compared to net loss of $(14.7) million, or $(0.18) per share, in the second quarter of 2015.Second quarter Non-GAAP net loss(1)Â of $(4.1) million, or $(0.05) per share, compared to Non-GAAP net loss of $(3.8) million, or $(0.05) per share, in the second quarter of 2015.Second quarter Adjusted EBITDA(2)Â of $2.4 million, representing an Adjusted EBITDA margin of 3.7%, compared to Adjusted EBITDA of $0.5 million, representing an Adjusted EBITDA margin of 0.7%, in the second quarter of 2015.Franchise Dealer count(3) was... More
