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Stock impact report

TrueCar May Be On The Cusp Of Growth, Profitability, And Higher Share Prices [Seeking Alpha]

TrueCar, Inc. (TRUE) 
Last truecar, inc. earnings: 2/20 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.true.com/investor-relations
Company Research Source: Seeking Alpha
The company operates as a technology platform, connecting car buyers with certified dealers and offering local pricing information and inventory. TrueCar has set ambitious goals for the next three years, aiming for annual revenue of over $300 million and more than 10% free cash flow by the end of 2026. Thesis With fourth-quarter 2023 earnings results expected shortly , investors and potential investors will wonder if TrueCar, Inc. ( NASDAQ: TRUE ) can maintain the momentum it gained in the third quarter. In its third-quarter earnings release, the company suggested it had turned a corner, with revenue and earnings again on the rise. The odds seem in its favor, and the likelihood of higher share prices is rising as well. About TrueCar This is a technology company that connects car buyers with a network of “Certified Dealers.” In its 10-K for 2022 , it argues that it seeks to get more of the purchasing process online. TrueCar offers “a diverse software ecosystem on a commo Show less Read more
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