Autobytel (ABTL) Tops Q2 EPS by 3c

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Autobytel Reports Second Quarter 2016 Results

August 4, 2016 4:08 PM EDT

IRVINE, Calif., Aug. 04, 2016 (GLOBE NEWSWIRE) -- Autobytel Inc. (NASDAQ: ABTL), a pioneer and leading provider of online automotive services connecting consumers with dealers, reported financial results for the second quarter ended June 30, 2016.

Second Quarter 2016 Financial Summary vs. Year-Ago Quarter

Total revenues increased 19% to a Q2 record $36.1 million.Advertising revenues increased 159% to $5.3 million, with click revenues up 459% to $3.7 million.Net income was $0.4 million or $0.03 per diluted share, compared to $0.9 million or $0.08 per diluted share.Non-GAAP income was $3.2 million or... More