Autobytel, Inc. (ABTL) Tops Q3 EPS by 3c

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Autobytel Reports Strong Second Quarter Revenue and Profit Growth

July 31, 2014 4:05 PM EDT

IRVINE, Calif., July 31, 2014 (GLOBE NEWSWIRE) -- Autobytel Inc. (Nasdaq: ABTL), pioneer of the automotive Internet and the company dedicated to connecting automotive consumers with dealers, today announced sharply improved financial results for the second quarter and six-months ended June 30, 2014.

"Our solid performance reflects continued favorable conditions in the automotive market, excellent momentum in our core leads business and contributions from AutoUSA, which we acquired in January of this year," said Jeffrey H. Coats, President and Chief Executive Officer. "The integration of AutoUSA is now complete. We eliminated $4.5 million, or 75%, of AutoUSA's costs,... More