Autobytel (ABTL) Tops Q3 EPS by 1c
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Autobytel Reports Third Quarter 2016 Results
November 3, 2016 4:08 PM EDTIRVINE, Calif., Nov. 03, 2016 (GLOBE NEWSWIRE) -- Autobytel Inc. (NASDAQ: ABTL), a pioneer and leading provider of digital automotive services connecting in-market car buyers with dealers and OEMs, reported financial results for the third quarter ended September 30, 2016.
Third Quarter 2016 Financial Highlights vs. Year-Ago Quarter
Total revenues increased 9% to a Q3 record $43.9 millionAdvertising revenues increased 130% to $7.4 million, with click revenues up 282% to $5.5 millionNet income increased 70% to $2.7 million or $0.21 per diluted shareNon-GAAP income increased 26% to $6.5 million or $0.49 per diluted share... More