TrueCar Releases Fourth Quarter 2022 Financial Results and Stockholder Letter

Rhea-AI Summary

TrueCar, Inc. (NASDAQ:TRUE) released its fourth quarter financial results for 2022 on February 22, 2023. The stockholder letter details the company's performance and strategic initiatives. A live call and webcast discussing these results will be held on February 23, at 9:00 a.m. ET. TrueCar continues to enhance its marketplace, providing auto buyers with comprehensive tools and a network of certified dealers. The firm aims to innovate the car shopping experience, emphasizing transparency and efficiency.

Positive

• Continued investment in digital marketplace technology.
• Strong partnerships with over 250 brands for auto-buying programs.

Negative

• Details regarding specific financial metrics for the fourth quarter were not disclosed in the PR.
• -

Live call and webcast will occur on February 23 at 9:00 a.m. ET

SANTA MONICA, Calif., Feb. 22, 2023 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE) today announced financial results for the fourth quarter ended December 31, 2022 in a stockholder letter, which is available HERE and on the TrueCar investor relations website at ir.truecar.com.

The company will host a question and answer session to discuss its fourth quarter results on Thursday, February 23 at 9:00 a.m. ET/6:00 a.m. PT. A live webcast of the call will be available through TrueCar's Investor Relations website and the link below.

TrueCar Fourth Quarter 2022 Live Call and Webcast Details:

Date:	Thursday, February 23, 2022
Time:	9:00 a.m. Eastern Time (6:00 a.m. Pacific Time)
Dial-In:	1-877-870-4263 (domestic) 1-412-317-0790 (international)
Webcast:	Access the live webcast HERE

An archived version of the call will also be available upon completion on the Investor Relations section of TrueCar's website at ir.truecar.com.

TrueCar has used and intends to continue to use its Investor Relations website (ir.truecar.com), LinkedIn, Facebook and Twitter as means of disclosing material non-public information and for complying with our disclosure obligations under Regulation FD.

About TrueCar

TrueCar is a leading automotive digital marketplace that lets auto buyers and sellers connect to our nationwide network of Certified Dealers. With access to an expansive inventory provided by our Certified Dealers, we are building the industry's most personalized and efficient auto shopping experience as we seek to bring more of the process online. Consumers who visit our marketplace will find a suite of vehicle discovery tools, price ratings and market context on new, used and Certified Pre-Owned vehicles. When they are ready, shoppers in TrueCar's marketplace can connect with a Certified Dealer in our network, who shares our belief that truth, transparency and fairness are the foundation of a great auto shopping experience. As part of our marketplace, TrueCar powers auto-buying programs for over 250 leading brands, including AARP, Sam's Club, Navy Federal Credit Union and American Express.

TrueCar Investor Relations Contact:
Zaineb Bokhari
VP, Investor Relations
investors@truecar.com

TrueCar Public Relations Contact:
Sara Morgan
Senior PR Manager
pr@truecar.com 

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SOURCE TrueCar.com

FAQ

What were TrueCar's fourth quarter 2022 financial results?

TrueCar released its fourth quarter 2022 financial results on February 22, 2023, with detailed information available in their stockholder letter.

When is the TrueCar Q4 2022 earnings call?

The TrueCar Q4 2022 earnings call is scheduled for February 23, 2023, at 9:00 a.m. ET.

How can I access the TrueCar earnings webcast?

You can access the TrueCar earnings webcast through their Investor Relations website.

What is TrueCar's strategy moving forward?

TrueCar aims to enhance the automotive digital marketplace and improve the car buying experience through transparency and a robust network of certified dealers.