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Was TrueCar, Inc.'s Third Quarter Really That Bad?

TheMotleyFool

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Was TrueCar, Inc.'s Third Quarter Really That Bad?

Glancing at TrueCar, Inc.'s (NASDAQ: TRUE) roughly 30% spiral lower last Tuesday, investors could be forgiven for thinking the third quarter was a complete disaster filled with disappearing adjusted EBITDA, declining sales, and out-of-control costs -- but that wasn't the case. In fact, based on these important graphs, it doesn't look like a bad quarter at all. A speed bump -- at least investors hope it's only a speed bump -- with one critical partner has some investors panicking.