TrueCar Earnings: Loss Narrows Again as Improvements Take Hold
Online car-shopping service TrueCar (NASDAQ: TRUE) reported on Aug. 8 that it lost $8.1 million in the second quarter of 2017, or $0.09 per share, an improvement over the $14.7 million loss that it posted in the second quarter of 2016.
Adjusted for stock option expenses and one-time items, TrueCar's net income in the second quarter was $1.1 million, or $0.01 per share. That compares with a loss on the same basis of $4.1 million, or $0.05 per share, in the second quarter of 2016.
Image source: TrueCar.
Source: Fool.com
Autonation Inc. Stock
Our community is currently high on Autonation Inc. with 5 Buy predictions and 1 Sell predictions.
With a target price of 180 € there is a slightly positive potential of 8.73% for Autonation Inc. compared to the current price of 165.55 €.