Article: Autobytel Announces Third Quarter 2007 Financial Results.(Financial report)

Company Targets Cash Flow Break Even by End of Second Quarter of 2008

MyRide.com Launched

IRVINE, Calif. -- Autobytel Inc. (NASDAQ:ABTL), a leading Internet automotive marketing services company, today announced financial results for the third quarter ended September 30, 2007.

Revenue for the 2007 third quarter rose to $24.8 million from $23.7 million in the prior-year period and $24.3 million in the second quarter of 2007. The year-over-year increase in revenue was primarily the result of a 7% increase in lead fee revenue compared with the third quarter of last year, offset by a 4% decline in CRM services and other revenue.

Autobytel ...

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