TrueCar (TRUE) Tops Q3 EPS by 7c
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TrueCar Reports Third Quarter 2020 Financial Results
November 5, 2020 4:03 PM ESTSANTA MONICA, Calif., Nov. 05, 2020 (GLOBE NEWSWIRE) -- TrueCar, Inc. (NASDAQ: TRUE) today announced its financial results for the third quarter ended September 30, 2020.
Third Quarter 2020 Financial Highlights
The following financial results reflect continuing operations only:
Third quarter total revenue of $77.2 million, up 31.9% from the second quarter of 2020 and down (10.0)% from the third quarter of 2019.Record third quarter income from continuing operations of $9.6 million, or $0.09 per share, compared to loss from continuing operations of $(8.8) million, or $(0.08) per share, in the third quarter of 2019.Record third quarter Adjusted EBITDA(1)Â of $20.5... More