SANTA MONICA, Calif. (AP) — SANTA MONICA, Calif. (AP) — TrueCar Inc. (TRUE) on Monday reported a loss of $5.8 million in its first quarter.

On a per-share basis, the Santa Monica, California-based company said it had a loss of 6 cents. Losses, adjusted for stock option expense, were 4 cents per share.

The provider of localized information on new car costs posted revenue of $41.1 million in the period.

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