autobytel inc (ABTL) Key Developments
Autobytel Inc. Revises Earnings Guidance for the Fiscal Year 2015
May 21 15
Autobytel Inc. revised earnings guidance for the fiscal year 2015. For the year, the company has been revised upward with revenues now expected to range between $128.0 million and $132.0 million, representing an increase of approximately 20% to 24% from 2014. The company also now expects non-GAAP diluted EPS in fiscal 2015 to range between $1.21 and $1.27, an increase of approximately 46% to 53%.
Autobytel Inc., Dealix Corporation, Autotegrity, Inc. - M&A Call
May 21 15
To discuss the acquisition of Dealix Corporation and Autotegrity, Inc. by Autobytel Inc.
Autobytel Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Full Year of 2015
May 7 15
Autobytel Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company’s total revenues were $26.2 million compared to $27.0 million in the same year-ago quarter. Net income was increased by 109% to $0.8 million or $0.07 per diluted share, compared to $0.4 million or $0.04 per diluted share in the year-ago quarter. Non-GAAP income increased 11% to $2.4 million or $0.21 per diluted share, compared to $2.1 million or $0.21 per diluted share in the first quarter of 2014. Operating income was $1.2 million compared to $0.76 million a year ago. Cash used in operations for the 2015 first quarter was $500,000, compared to cash provided by operations of $900,000 in the prior year quarter. The decrease in cash was largely the result of changes in working capital.
The company provided earnings guidance for the full year of 2015. The company’s guidance for fiscal 2015 remains on track with revenues to range between $114.0 million and $120.0 million, representing an increase of approximately 7% to 13% from 2014. The company also maintains its expectation for non-GAAP diluted EPS in fiscal 2015 to range between $0.97 and $1.16, compared to $0.83 in 2014, an increase of approximately 17% to 40%.
Autobytel Appoints William Ferriolo as Executive Vice President of Consumer Acquisitions
Apr 27 15
Autobytel Inc. has promoted William Ferriolo to the new position of executive vice president, consumer acquisitions. Ferriolo joined Autobytel in September 2010 as Vice President, Cyber Ventures Division after the company's acquisition of Cyber Ventures Inc. and Autotropolis Inc. Prior to joining Autobytel, Ferriolo served as President and Co-Founder of Cyber, where he was responsible for search engine optimization (SEO), search engine marketing (SEM), dealer accounts and sales.
Autobytel Inc. to Report Q1, 2015 Results on May 07, 2015
Apr 23 15
Autobytel Inc. announced that they will report Q1, 2015 results at 5:00 PM, US Eastern Standard Time on May 07, 2015