USA: Autobytel.com Results Beat Expectations in Revenues and Earnings Per Share
Autobytel.com (Nasdaq: ABTL - news) today announced financial results for the second quarter ended June 30, 2000. Second quarter revenue grew to $17.1 million, an 86 percent increase over revenue of $9.2 million in the second quarter of 1999, and a 13 percent sequential increase over revenue of $15.1 million in the quarter ended March 31, 2000. The percent of total revenue from international fees and licenses, and from services such as financing, insurance and web site development was 19 percent for the quarter.
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