TrueCar Inc (TRUE) Reports Notable Revenue Growth and Reduced Net Loss in Q4 2023 [Yahoo! Finance]
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: Yahoo! Finance
Adjusted EBITDA : Achieved profitability of $2.1 million, a significant improvement from a $10.0 million loss in Q4 2022. Dealer Network Stability : Maintained a total active dealer count of 11,500, with a shift towards franchise dealers. Cash Position : Strong balance sheet with cash and equivalents of approximately $137.0 million and no debt. Monetization Per Unit : Increased to $537/unit from $475/unit in Q4 2022. Warning! GuruFocus has detected 6 Warning Signs with TRUE. On February 20, 2024, TrueCar Inc ( NASDAQ:TRUE ) released its 8-K filing , detailing the company's financial performance for the fourth quarter of 2023. TrueCar, a digital automotive marketplace, has reported a year-over-year revenue increase of 13% to $41.3 million and a significant reduction in net loss to $1.9 million from $18.1 million in the same quarter of the previous year. The company also achieved adjusted EBITDA profitability of $2.1 million, marking a $12.1 million improvement from Q4 2022.
Show less
Read more
Impact Snapshot
Event Time:
TRUE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TRUE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TRUE alerts
High impacting TrueCar, Inc. news events
Weekly update
A roundup of the hottest topics
TRUE
News
- TrueCar, Inc. (NASDAQ:TRUE) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- TrueCar, Inc. (NASDAQ: TRUE) had its price target lowered by analysts at Needham & Company LLC from $4.50 to $4.00. They now have a "buy" rating on the stock.MarketBeat
- TrueCar (TRUE) Reports Q1 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
- TrueCar Releases First Quarter 2024 Financial Results and Stockholder Letter [Yahoo! Finance]Yahoo! Finance
- TrueCar Releases First Quarter 2024 Financial Results and Stockholder LetterPR Newswire
TRUE
Earnings
- 4/29/24 - In-Line
TRUE
Sec Filings
- 4/29/24 - Form 8-K
- 4/15/24 - Form 4
- 4/15/24 - Form 4
- TRUE's page on the SEC website