Truecar Inc

TrueCar, Inc. engages in the operation of data-driven online platform which provides dealers and automakers with automobile information. It provides pricing transparency about what other people paid for their cars. The firm's products include Used Cars for Sale, Sell My Car, Local Pricing, and Lease a Car. The company was founded by Thomas Taira, James Nguyen, Scott Painter and Bernard Brenner in February 2005 and is headquartered in Santa Monica, CA.

Earnings data Q1 2021

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TrueCar targets revenue growth and partnerships for 2023 success

TrueCar Inc aims for revenue growth and positive EBITDA by Q4 2023 through strategic initiatives.
Enhancements to TrueCar+ and new subscription packages drive recurring revenue growth.
Partnerships with NerdWallet and Mercedes-Benz strengthen brand awareness and expansion.
Focus on OpEx stability and growth initiatives to address industry challenges and opportunities.

TrueCar anticipates revenue growth and breakeven EBITDA in Q4

TrueCar's Q1 performance showed growth in unique visitors and strategic initiatives to drive revenue growth, despite challenges in the independent dealer count.
The company's strengths in innovation, personalized shopping experiences, and efficiency position them well for future growth and achieving breakeven or positive adjusted EBITDA.
While facing challenges in market conditions and dealer counts, TrueCar has opportunities to expand TrueCar+ solutions, focus on the used market, and drive revenue through conversion strategies.

TrueCar reports positive Q2 results, eyes EV market disruption

TrueCar's Q2 performance was strong, with a focus on revenue growth and operational efficiency.
The company's strategic streamlining and market positioning offer growth potential in EV sales.
Addressing challenges around revenue sustainability and dealer dynamics will be key for future success.

TrueCar surpasses Q3 guidance, targets sustainable growth and innovation

TrueCar's Q3 2023 performance exceeded expectations, with a focus on sustained revenue growth and positive free cash flow. The company aims to achieve aspirational revenue and free cash flow targets by 2026 through organic growth strategies and enhancing the digital transaction experience.
While facing challenges in returning to double-digit revenue growth and managing cash balances, TrueCar is well-positioned to capitalize on opportunities in regaining lost dealers, expanding services, and strengthening partnerships. The rollout of the United flow and emphasis on operational efficiency highlight TrueCar's strategic direction.

TrueCar reports strong Q4 growth, eyes revenue targets and dealer expansion

TrueCar's Q4 performance reflects steady growth, strategic initiatives, and a focus on long-term profitability.
While facing challenges in monetization and competition, the company is well-positioned to leverage opportunities for expansion and revenue growth.
Overall, TrueCar's proactive approach to addressing industry challenges and driving value for stakeholders bodes well for its future success.

TrueCar reports robust Q1 growth, faces industry reluctance on TrueCar+

TrueCar's Q1 performance showed strong revenue growth and positive adjusted EBITDA, with a focus on dealer activation and revenue per dealer.
Challenges include short-term fluctuations in OEM incentive revenue and industry reluctance towards TrueCar+ impact.
Opportunities lie in expanding TrueCar+ pilot, refining processes, and scaling operations in California and nationwide.

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TrueCar, Inc. (TRUE) CEO Mike Darrow on Q2 2019 Results - Earnings Call Transcript

An earnings miss has Wall Street pondering the company's future.

Why Shares of TrueCar Are Crashing Today

Its new CEO is scrambling to find a solution.

TrueCar's Loss Soars as Automakers Cut Incentive Spending

TrueCar (TRUE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate TrueCar (TRUE) to Report a Decline in Earnings: What to Look Out for

TrueCar has struggled to spark investor confidence. The loss of its CEO and other executives will only add more pressure.

Expect More Pain for TrueCar After Its CEO Departs

TrueCar stock is down more than 10% on Monday as the company announced that CEO Chip Perry, who is also the company president, is leaving.
The post TrueCar News: TRUE Stock Drives Lower on CEO Exit appeared first on InvestorPlace.

TrueCar News: TRUE Stock Drives Lower on CEO Exit

A surprise retirement has investors worried.

Why Shares of TrueCar Are Down Over 14% Today

TrueCar Inc. shares TRUE, -14.88% slid 14% Monday, after the online car-pricing company said Chief Executive Chip Perry has retired.

TrueCar shares slide 14% on news CEO Chip Perry has resigned

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Only an elite few stocks managed to avoid the market downdraft.

Why Maxar Technologies, Alamos Gold, and TrueCar Jumped Today

A widening loss, lowered guidance, and weak traffic are likely contributing to TrueCar's share-price decline.

Here Are the Key Reasons TrueCar Opened 22% Lower Friday

A deeper first-quarter loss was followed by a reset of full-year expectations.

TrueCar Cuts Guidance After Loss Widens

Online automotive marketplace TrueCar Inc (NASDAQ: TRUE) reported below-consensus bottom line results for the first quarter Thursday and issued weak second-quarter revenue guidance.

Benchmark: TrueCar Faces Near-Term Challenges, Could Recover In Second Half Of Year

TrueCar, Inc. (TRUE) CEO Chip Perry on Q1 2019 Results - Earnings Call Transcript

TrueCar (TRUE) delivered earnings and revenue surprises of 100.00% and 0.78%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

TrueCar (TRUE) Reports Break-Even Earnings for Q1

Shares of TrueCar Inc. fell more than 14% in the extended session Thursday.

TrueCar stock falls 14% after wider Q1 loss

TrueCar Inc.  shares plunged more than 12% in the extended session Thursday after the company issued weaker-than-expected guidance and missed earnings projections.

TrueCar stock falls after earnings miss, weak guidance

Q1 Earnings Preview For TrueCar

This company remains committed to a failed business model even in the face of slowing revenue growth and mounting losses.

TrueCar Management Doubles Down on a Failed Business Model

TrueCar has repeatedly missed expectations for growth, but the company has a plan to reverse the trend.

News for Truecar Inc Stock (TRUE)