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 of our annual repo
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.