Autobytel (ABTL) Reports In-Line Q1 EPS

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Autobytel Reports First Quarter 2015 Results

May 7, 2015 4:06 PM EDT

IRVINE, Calif., May 7, 2015 (GLOBE NEWSWIRE) -- Autobytel Inc. (Nasdaq: ABTL), a leading provider of online automotive services connecting consumers with dealers, reported financial results for the first quarter ended March 31, 2015.

First Quarter 2015 Summary vs. Year-Ago Quarter

Revenues were $26.2 million versus $27.0 million Advertising revenues increased 138% to $1.6 million Gross profit margin increased 110 basis points to 38.5% Net income increased 109% to $0.8 million or $0.07 per diluted share

Management Commentary

"Following a strong fourth quarter in 2014, our first quarter of the year was... More