SANTA MONICA, Calif. (AP) — SANTA MONICA, Calif. (AP) — TrueCar Inc. (TRUE) on Monday reported a loss of $5.8 million in its first quarter.
On a per-share basis, the Santa Monica, California-based company said it had a loss of 6 cents. Losses, adjusted for stock option expense, were 4 cents per share.
The provider of localized information on new car costs posted revenue of $41.1 million in the period.
_____
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
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
