Autobytel (ABTL) Misses Q2 EPS by 1c, Lowers FY 2017 Guidance

Autobytel (NASDAQ: ABTL) reported Q2 EPS of $0.19, $0.01 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $0 versus the consensus estimate of $34.77 million.

GUIDANCE:

Autobytel sees FY2017 EPS of $0.78-$0.82. Autobytel sees FY2017 revenue of $144-148 million, versus the consensus of $157.7 million.

(emphasis Street Insider) Autobytel now expects 2017 revenue to range between $144.0 million and $148.0 million (previously $156.0 million to $160.0 million) compared to $150.4 million in 2016. The company also expects non-GAAP income to range between $10.5 million and $11.1 million (previously $16.8 million to $17.3 million) compared to $16.8 million in 2016, with non-GAAP EPS ranging between $0.78 and $0.82 on 13.5 million shares (previously $1.24 to $1.28 on 13.5 million shares).

For earnings history and earnings-related data on Autobytel (ABTL) click here.

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