Autobytel (ABTL) Misses Q1 EPS by 5c
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Autobytel Reports First Quarter 2016 Results
May 5, 2016 4:09 PM EDTIRVINE, Calif., May 05, 2016 (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, 2016.
First Quarter 2016 Financial Summary vs. Year-Ago Quarter
Total revenues increased 38% to $36.2 millionAdvertising revenues increased 135% to $3.8 millionNet loss was $0.7 million or $(0.06) per diluted share, compared to net income of $0.8 million or $0.07 per diluted share as a result of one-time severance and related costsNon-GAAP income increased 25% to $2.9 million or $0.22 per... More