TrueCar: Q4 Earnings Snapshot
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SANTA MONICA, Calif. (AP) — SANTA MONICA, Calif. (AP) — TrueCar Inc. (TRUE) on Tuesday reported a loss of $1.9 million in its fourth quarter.
On a per-share basis, the Santa Monica, California-based company said it had a loss of 2 cents. Earnings, adjusted for stock option expense, came to less than 1 cent on a per-share basis.
The provider of localized information on new car costs posted revenue of $41.3 million in the period.
For the year, the company reported a loss of $49.8 million, or 55 cents per share. Revenue was reported as $158.7 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRUE at https://www.zacks.com/ap/TRUE
