TrueCar Posts Fourth-Quarter Loss of $5.8 Million

SANTA MONICA, Calif. -- TrueCar Inc. (TRUE) reported a loss of $5.8 million for the fourth quarter, resulting in a per-share loss of 7 cents. Adjusted for stock option expense, the loss was 4 cents per share.

The provider of localized information on new car costs generated revenue of $46.2 million during the period. For the full year, TrueCar reported a loss of $31 million, or 34 cents per share, on revenue of $175.6 million.