TrueCar (TRUE) PT Lowered to $12 at RBC Capital
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TrueCar Reports Third Quarter 2018 Financial Results
November 6, 2018 4:05 PM ESTThird quarter total revenue up 14% from a year ago to $93.6 million.Third quarter net loss of $(6.3) million, or $(0.06) per share, compared to net loss of $(9.5) million, or $(0.10) per share, in the third quarter of 2017.Third quarter Non-GAAP net income(1)Â of $4.3 million, or $0.04 per share, compared to Non-GAAP net income of $1.9 million, or $0.02 per share, in the third quarter of 2017.Third quarter Adjusted EBITDA(2)Â of $10.0 million, representing an Adjusted EBITDA margin(3) of 10.7%, compared to Adjusted EBITDA of $8.0 million, representing an Adjusted... More
