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$TRUE 2018-08-23 : Transcripts- Edited Transcript of TRUE earnings conference call

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Q2 2018 TrueCar Inc Earnings Call

Santa Monica Aug 24, 2018 (Thomson StreetEvents) — Edited Transcript of TrueCar Inc earnings conference call or presentation Thursday, August 9, 2018 at 8:30:00pm GMT

TEXT version of Transcript

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$TRUE 2018-08-09 : Transcripts- TrueCar (TRUE) Q2 2018 Earnings Conference Call Transcript

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Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Greetings, and welcome to the TrueCar second-quarter 2018 earnings conference call. [Operator instructions] As a reminder, this conference is being recorded. I’d now…

$TRUE 2018-08-09 : Transcripts- TRUE TrueCar (TRUE) Q2 2018 Earnings Conference Call Transcript Motley Fool

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Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Greetings, and welcome to the TrueCar second-quarter 2018 earnings conference call. [Operator instructions] As a reminder, this conference is being recorded. I’d now…

EARNING UPDATE $TRUE TrueCar, Inc. for quarter ending q_Dec17 – Revenue grew, Margins expanded

[s2If !current_user_can(access_s2member_level0)]Please login to read the earning update on TRUE [lwa][/s2If][s2If current_user_can(access_s2member_level0)]TrueCar, Inc. reported earnings (EPS) of -0.08 per share for the quarter ending q_Dec17. This is vis-vis -0.10 per share for the previous quarter ending q_Sep17, a growth of 20 %. Compared to last year same quarter (q_Dec16), earnings grew from…

...but managed to hold its gains this time (pushing higher into the close), with major averages narrowing its weekly loss to a minimal amount. Another rebound in China overnight, and hopes Greece will remain in the euro after providing new economic proposals to Euro leaders, helped propel gains this afternoon. China and Greece have dominated headlines all week, but attention should shift to quarterly earnings and the Fed (Yellen testifies to Senate/House next week in semi-annual monetary policy statements) next week. Gains today were broad based on Wall Street, with materials/industrials getting a lift on China, Financials higher on rising.