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TrueCar Q1 2023 Earnings Report

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$3.82 +0.05 (+1.33%)
(As of 12/20/2024 05:31 PM ET)

TrueCar EPS Results

Actual EPS
-$0.21
Consensus EPS
-$0.21
Beat/Miss
Met Expectations
One Year Ago EPS
N/A

TrueCar Revenue Results

Actual Revenue
$36.98 million
Expected Revenue
$40.30 million
Beat/Miss
Missed by -$3.32 million
YoY Revenue Growth
N/A

TrueCar Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

Conference Call Audio

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TrueCar Earnings Headlines

Media Humiliated: Demo of Elon’s Tech Proves They’re Wrong
Elon Musk believes his new AI product will be worth an incredible $9 trillion. But the mainstream media is not buying it.
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About TrueCar

TrueCar (NASDAQ:TRUE) operates as an internet-based information, technology, and communication services company in the United States. It operates its platform on the TrueCar website and mobile applications. Its platform enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar certified dealers. The company also offers forecast and consulting services regarding determination of the residual value of an automobile at given future points in time, which are used to underwrite automotive loans and leases, and by financial institutions to measure exposure and risk across loan, lease, and fleet portfolios. In addition, it provides TrueCar Trade, which gives consumers information on the value of their trade-in vehicles and enables them to obtain a guaranteed trade-in price before setting foot in the dealership; and DealerScience that provides dealers with advanced digital retailing software tools. The company was formerly known as Zag.com Inc. The company was incorporated in 2005 and is headquartered in Santa Monica, California.

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