TrueCar Reports First Quarter 2020 Financial Results

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TrueCar (TRUE) Tops Q1 EPS by 6c; Withdraws Guidance

May 7, 2020 4:04 PM EDT

TrueCar (NASDAQ: TRUE) reported Q1 EPS of $0.04, $0.06 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $83.5 million versus the consensus estimate of $86.44 million.

I am very proud of TrueCars immediate response to COVID-19, a response that carefully balanced the needs of our employees, dealers, consumers and shareholders, said... More