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TrueCar (TRUE) Q1 2021 Earnings Call Transcript

Operator
Good day, ladies and gentlemen, and welcome to your TrueCar first-quarter 2021 financial results call. [Operator instructions] At this time, it is my pleasure to turn the floor over to Scott Watkinson. Sir, the floor is yours.
Scott Watkinson
Senior Vice President, Deputy General Counsel, Assistant Corporate Secretary
Thank you, operator. Hello, and welcome to TrueCar s first-quarter 2021 earnings conference call. Joining me today are Mike Darrow, our president and chief executive officer; and Jantoon Reigersman, our chief financial officer. As a reminder, we will be making forward-looking statements on this call.
These forward-looking statements can be identified by the use of words such as believe, expect, plan, anticipate, becoming, toward, will, intend, confident, and similar expressions and are not and should not be relied on as a guarantee of future performance or results. Actual results could differ materially from those contemplated by our f ....

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TrueCar (TRUE) Q4 2020 Earnings Call Transcript

Operator
Good day, and welcome to TrueCar s fourth-quarter 2020 financial results conference call.[Operator Instructions]. I would now like to turn the conference over to Danny Vivier. Please, go ahead.
Danny Vivier
Vice President, Investor Relations
Thank you, operator. Hello and welcome to TrueCar s fourth-quarter 2020 earnings conference call. Joining me today are Mike Darrow, our president and chief executive officer; and Jantoon Reigersman, our chief financial officer. As a reminder, we will be making forward-looking statements on this call.
These forward-looking statements can be identified by the use of words such as belief, expect, plan, anticipate, becoming, toward, will, intend, confident, and similar expressions and are not and should not be relied upon as a guarantee of future performance or results. Actual results could differ materially from those contemplated by our forward-looking statements. We caution you to review the risk factors section ....

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TrueCar Reports Fourth Quarter and Full Year 2020 Financial Results

TrueCar Reports Fourth Quarter and Full Year 2020 Financial Results
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SANTA MONICA, Calif., Feb. 24, 2021 /PRNewswire/ TrueCar, Inc. (NASDAQ: TRUE) today announced its financial results for the fourth quarter and fiscal year ended December 31, 2020.
Fourth Quarter 2020 Financial Highlights
The following financial results reflect continuing operations only:
Fourth quarter total revenue of $64.0 million, down (25)% from $84.9 million in the fourth quarter of 2019.
Fourth quarter loss from continuing operations of $(7.7) million, or $(0.07) per basic and diluted share, compared to loss from continuing operations of $(9.7) million, or $(0.09) per basic and diluted share, in the fourth quarter of 2019. ....

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Target 2030: Arnold Clark CEO Eddie Hawthorne is 'committing to decarbonisation'

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Sales of new petrol and diesel cars and vans will stop in the UK from 2030, as part of the Government’s “green industrial revolution”.
The new date is 10 years before the original deadline of 2040. The impact will be huge for drivers across the country. But how will it affect Europe’s largest privately-owned dealer group, Arnold Clark?
AM contributor, Jim McGill, spoke to Arnold Clark chief executive and group managing director, Eddie Hawthorne, to find out.
“I think, genuinely, given the versatility of the motor trade and motor manufacturers, meeting the Government’s new 2030 deadline for stopping the sales of new petrol and diesel cars and vans in the UK is achievable,” said Eddie Hawthorne, Arnold Clark chief executive and group managing director. ....

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