Online automobile buying service Autobytel.com (Nasdaq: ABTL) reinforced its leadership position in the industry on Thursday when it announced its first-quarter results. The company announced record first-quarter revenues of $8 million, 73 percent higher than the $4.6 million (US$) reported for the same quarter last year. Autobytel.com also reported a net loss of 68 per share, compared to 83 cents per share for the same quarter last year.
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Strong First Quarter for Autobytel.com
Posted by: Andy Wang April 30, 1999 12:00 AMOnline automobile buying service Autobytel.com (Nasdaq: ABTL) reinforced its leadership position in the industry on Thursday when it announced its first-quarter results. The company announced record first-quarter revenues of $8 million, 73 percent higher than the $4.6 million (US$) reported for the same quarter last year. Autobytel.com also reported a net loss of 68 per share, compared to 83 cents per share for the same quarter last year.