TrueCar (TRUE) Posts Q2 GAAP Loss of 22c/Share
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TrueCar (TRUE) Posts Adjusted Q2 Results
August 11, 2014 6:52 AM UTCTrueCar (Nasdaq: TRUE) is correcting erroneous media reports misstating that the Company failed to meet analyst consensus EPS estimates following its second quarter earnings release on Thursday, August 7, 2014. Moreover, TrueCar provided third quarter and full year 2014 guidance above analyst consensus estimates.
Specifically, for the second quarter of 2014, TrueCar reported:
GAAP earnings per diluted share loss of ($0.22), in-line with analyst consensus estimates of ($0.22).Non-GAAP earnings per diluted share loss of ($0.02), exceeding analyst consensus... More