Autobytel (ABTL) Tops Q4 EPS by 9c

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Autobytel Reports Record Fourth Quarter and Full Year 2015 Results

March 10, 2016 4:06 PM EST

IRVINE, Calif., March 10, 2016 (GLOBE NEWSWIRE) -- Autobytel Inc. (NASDAQ: ABTL), a leading provider of online automotive services connecting consumers with dealers, reported financial results for the fourth quarter and full year ended December 31, 2015.

Fourth Quarter 2015 Highlights vs. Year-Ago Quarter

   Total revenues increased 40% to $36.4 million   Advertising revenues increased 125% to $3.7 million   Net income increased 24% to $1.4 million or $0.10 per diluted share   Non-GAAP income increased 75% to $4.4 million or $0.33 per diluted share

Management Commentary

Autobytels record 2015 was highlighted by the acquisitions of Dealix and... More