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TrueCar Inc (TRUE.OQ)

TRUE.OQ on NASDAQ Stock Exchange Global Select Market

11.15USD
14 Dec 2017
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$-0.20 (-1.76%)
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Latest Key Developments (Source: Significant Developments)

Truecar Inc says Senvest Management LLC reported 5.95 pct passive stake in co as of Nov. 7 - SEC filing‍​
Friday, 10 Nov 2017 

Nov 9 (Reuters) - Truecar Inc :Senvest Management LLC reports 5.95 percent passive stake in Truecar Inc as of November 7, 2017 - SEC filing‍​.  Full Article

TrueCar reports third quarter 2017 financial results
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - TrueCar Inc :TrueCar reports third quarter 2017 financial results.Q3 non-GAAP earnings per share $0.02.Q3 loss per share $0.10.Q3 revenue $82.4 million versus I/B/E/S view $87 million.Q3 earnings per share view $0.01 -- Thomson Reuters I/B/E/S.TrueCar Inc says ‍Q4 units are expected to be in range of 240,000 to 245,000.​.TrueCar Inc says Q4 r‍evenues are expected to be in range of $81.0 million to $83.0 million​.  Full Article

TrueCar expects total new vehicle sales for September to fall 2.3 pct
Tuesday, 27 Sep 2016 

TrueCar Inc: Projects total new vehicle sales, including fleet deliveries, will reach 1,410,000 units in September, down by 2.3 percent from a year ago . September SAAR for total light vehicle sales is an estimated 17.4 million units for month, down from an 18.0 million-unit SAAR a year ago .Total used auto sales, including franchise and independent dealerships and private-party transactions, may reach 3.2 million for September, down 1.9 percent.  Full Article

August Auto sales poised to reach $50 billion
Thursday, 1 Sep 2016 

Truecar Inc : August Auto sales poised to reach $50 billion . Says average transaction prices in august likely to rise 0.4 percent . Says projects U.S. Revenue from new vehicle sales reached $50 billion for month of August, down 1.7 percent from a year ago .Says "despite higher average transaction prices, automakers should post an $866 million loss in revenue compared to last year".  Full Article

Truecar Q2 non-gaap shr loss $0.05
Friday, 5 Aug 2016 

Truecar Inc : Truecar reports second quarter 2016 financial results . Truecar inc q2 non-gaap shr loss $0.05 . Truecar inc q2 shr loss $0.17 . Truecar inc q2 revenue $66.4 mln vs i/b/e/s view $65.5 mln . Truecar inc q2 shr view $-0.10 -- thomson reuters i/b/e/s . Truecar inc sees q3 2016 revenue $70 mln to $72 mln . Truecar inc sees q3 adjusted ebitda is expected to be in range of $1 mln to $1.5 mln . Truecar inc sees fy adjusted ebitda is expected to be in range of $5 mln to $6 mln . Truecar inc - sees q3 units are expected to be in range of 200,000 to 205,000 . Truecar inc - units for full year ending december 31, 2016 are expected to be approximately 780,000 . Truecar inc sees fy revenues are expected to be approximately $270 mln . Truecar inc q3 rev view $75.2 mln -- thomson reuters i/b/e/s .Truecar inc fy2016 rev view $271.8 mln -- thomson reuters i/b/e/s.  Full Article

July auto sales revenue to hit $48.9 billion
Tuesday, 2 Aug 2016 

Truecar Inc : July auto sales revenue to hit $48.9 billion .Projects U.S. industry revenue from new vehicle sales reached $48.9 billion for month of July, up 0.9 percent from a year ago.  Full Article

Avis Budget Group, TrueCar sign new partnership agreement
Monday, 25 Jul 2016 

Avis Budget Group Inc:Company, TrueCar announced signing of a new partnership agreement.  Full Article

Truecar projects total new vehicle sales to reach 1.6 mln units in June, up 5.4 pct
Wednesday, 22 Jun 2016 

Truecar Inc : Projects total new vehicle sales, including fleet deliveries, will reach 1,556,844 units in june, up 5.4 percent from a year ago . Seasonally adjusted annualized rate for total light vehicle sales in june is an estimated 17.2 million units, up from 17 million units a year ago . "reassuring that automakers as a group are keeping incentive spending within a reasonable range" . "u.s. Economic expansion has cooled, but we're optimistic that it can reaccelerate in second half of year" .Excluding sales to daily rental,commercial,government fleets,retail deliveries of new cars,light trucks to likely rise by 6.4 percent in june.  Full Article

TrueCar May auto sales revenue set to reach $51.7 bln
Wednesday, 1 Jun 2016 

TrueCar Inc : Truecar inc says estimates that u.s. New vehicle sales generated $51.7 billion in may, down 0.8 percent from a year ago .May auto sales revenue set to reach $51.7 billion.  Full Article

BRIEF-Truecar Inc says Senvest Management LLC reported 5.95 pct passive stake in co as of Nov. 7 - SEC filing‍​

* Senvest Management LLC reports 5.95 percent passive stake in Truecar Inc as of November 7, 2017 - SEC filing‍​ Source text: (http://bit.ly/2hiKIWm) Further company coverage: